AnKr Will Compensates For Exploited Liquidity Providers

Ankr will purchase 5 million worth of BNB to fully compensate the liquidity providers who have been impacted by the exploit’s draining of the liquidity pool. The damage of the exploitation was about 5 million USD worth of BNB from the liquidity pools.

According to their latest tweet, all valid aBNBc holders prior to the exploit will receive new ankrBNB after the firm takes a snapshot, while aBNBc and aBNBb will no longer be redeemable.

Beside that, the decentralized Web3 infrastructure provider commits to compensate in totality the liquidity providers that have been affected by the exploit due to the drainage of the liquidity pool by additional purchasing of 5 million worth of BNB.

Ankr understands the concern this has created within the community and will continue working to mitigate the situation and has already taken the necessary steps to prevent future similar incidents.

They added.

So far, CertiK Alert has revealed that the exploiter sent 900 BNB to Tornado Cash, 5.34 million USDC to Bridges, 3.7 million USDC to Celer Network’s cBridge, and 1.64 million USDC to addresses starting with 0xd1C5.

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