Balancer Community Proposes Plan to Reimburse Hack Victims
Crypto-Detective
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Following the $116M Balancer protocol exploit in November, community members submitted a proposal to distribute $8M recovered by white hat hackers and internal teams. The plan calls for non-socialized, pro-rata reimbursements directly to affected liquidity pools, paid in the tokens lost. Meanwhile, the remaining $20M recovered by StakeWise will be distributed separately to its users. -
Community-driven recovery plans strengthen trust after major exploits.
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Reimbursement moves are essential for long-term ecosystem resilience.