Key Points:
The goal of this discussion is to decide how best to use the available resources to make users whole. A follow-up proposal should go through the specifics of how compensation will be administered, particularly as they relate to third-party protocols affected by this attack.
In addition, it has taken time to collect data and get an accurate estimate of the impact of the exploit in order to lay the groundwork for a potential remediation strategy for user funds.
The platform offers a number of potential proposals to restore operations:
In an effort to hasten recovery, Raydium previously said that it would raise the whitehat bug reward it offers to the protocol’s exploiter. Raydium will provide the whole value of the compromised RAY as well as 15% of the remaining funds if the exploiter returns the stolen money.
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