Curve Finance to pay more than $49 million to hacking victims
The Curve community has voted to compensate liquidity providers (LPs) affected by the $61 million hacker attack in July. 94% of token holders approved the issuance of tokens worth over $49.2 million to make up for losses in Curve (CRV), JPEG'd (JPEG), Alchemix (ALCX), and Metronome (MET) pools.The compensation includes: $7.2 million worth of ETH recovered by white hat hackers for the DAO; Curve DAO Tokens worth $42 million provided as compensation for unrecovered losses; and funds recovered by other white hat hackers prior to the vote.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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