A plan has been proposed to compensate victims of the Balancer V1 hack with $1.39 million in recovered funds, but the claims window has not yet opened.
The proposal aims to distribute 296.401711 ETH (approximately $1.39 million at the time of the attack) recovered after the August 31 attack to liquidity providers (LPs) of 120 old pools. However, as of September 20, the proposal still does not include the specific address allocation table and amounts required for claims, and the claim window has not yet opened. The proposal also requires claimants to provide digital consent to release Balancer Labs, Balancer DAO, Balancer Foundation, and their affiliates from relevant liabilities.
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Source:CryptoSlate · Source Link
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