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Radiant DAO community releases proposal to "compensate unlimited authorization vulnerability losses"

On May 13, the Radiant DAO community released a proposal to "compensate for unlimited authorization vulnerability losses." The proposal includes compensation for unlimited authorized user losses (involving Arbitrum and BNBChain) caused by the October 16, 2024 vulnerability, with a loss of US$7.7 million in 2024 and US$1.2 million in the first quarter of 2025. Compensation will be paid in the form of stable currency, with a 30% loss discount in 2024 and a 60% discount in 2025, with a lower priority than depositor compensation (RFP-47). The community needs to vote on the source of funding, with options such as sharing or no compensation between the DAO and partners.

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