Balancer unveils $8M reimbursement plan for LPs after the $128M V2 exploit
Balancer will return $8M to affected liquidity providers after the V2 exploit.
Whitehat and internal teams recovered part of the stolen $28M.
Reimbursements will be distributed pro rata in the same tokens via a 180-day claim.Decentralised finance protocol Balancer has unveiled a plan to reimburse liquidity providers (LPs) following the massive exploit that drained over $128 million from its V2 pools.
The reimbursement plan comes after an extensive recovery effort led by whitehat hackers and int