Mango v3 Compensation And Redemption Website Launched

DeFi platform Mango has issued a document stating that the Mango v3 compensation and redemption website has been launched. Affected users can claim compensation based on the calculation results of the previously approved DAO proposal. If the user has multiple Mango accounts linked to the wallet, the recovery amount will be combined.

On the evening of October 20, the Defi Solana Mango platform launched its Mango V3 compensation and redemption website for affected users.

The website will allow users to make a claim based on the calculation results of the previously approved DAO proposal. In case the user has multiple Mango accounts linked to the wallet, the recovery amount will be combined.

Yesterday, Mango Labs co-founder Daffy Durairaj also informed users about the Mango V3 compensation and redemption program in his share.

It was previously reported that on October 12, Solana’s Eco DeFi platform, Mango, was hacked and lost more than $100 million.

On October 18, Mango issued a community proposal that the amount users could receive would be based on a snapshot of their balance an hour before the attack (6:19 GMT October 12), which will minimize the amount a user has before mining between their Token and the Token they will receive.

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