BALANCER UNVEILS $8M REIMBURSEMENT PLAN FOR LPS AFTER THE $128M V2 EXPLOIT
https://coinjournal.net/wp-content/uploads/2025/11/Balancer-reimbursement.png
✍️ Balancer will return $8M to affected liquidity providers after the V2 exploit, with whitehat and internal teams recovering part of the stolen $28M.
👉 The attack targeted Balancer's V2 vaults and liquidity pools, exploiting a vulnerability in smart contract interactions. 👉 Approximately $28 million of the stolen funds was recovered, with whitehat hackers playing a significant role. 👉 The reimbursement plan focuses on the $8 million recovered directly by whitehats and internal teams. 👉 Reimbursements will be distributed on a pro-rata basis according to each user's Balancer Pool Token holdings at a snapshot block taken before the exploit.
-- #Adi #Anon#1 #Ethereum #Polygon #Base #Arbitrum #technology
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