GMX completes V1 vulnerability impact compensation plan involving US$44 million
On August 13, it was reported that GMX had successfully completed an allocation plan of approximately US$44 million to compensate GLP holders on Arbitrum affected by the recently disclosed V1 vulnerability. Eligible wallets can now be collected through the GMX dApp.·Approximately US$44 million is available for distribution-all affected GLP holders will receive full compensation; ·Compensation will be paid in two GLV tokens, namely the revenue-optimized GMX liquidity vault from V2; ·The GLV tokens are made up of approximately 25% WBTC, 25% ETH, and 50% stablecoins; ·Including US$2 million in DAO vault support + US$500,000 in incentives to hold GLV.
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