🎉【Gate Singapore Flagship Event · Square Fun Quiz Challenge Day 1】
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📖 Day 1 · Quiz (Single Choic
GMX has completed the compensation plan for the V1 vulnerability impact, with $44 million to be distributed to affected Arbitrum GLP Liquidity Providers.
PANews August 13 news, GMX announced that it has successfully completed the compensation plan for the GMX V1 vulnerability impact, with approximately $44 million to be distributed to affected Arbitrum GLP Liquidity Providers. Users can apply for compensation through the GMX dApp to receive GLV Tokens, including GLV [BTC-USDC] and GLV [WETH-USDC], with the token composition similar to the original GLP asset allocation. In addition, users who hold GLV for at least 3 months will receive a $500,000 retention reward provided by GMX DAO. GMX V2 remains unaffected, currently achieving weekly trading volumes in the billions. Previously reported, GMX: has suspended trading on GMX V1 and the minting and redemption of GLP, with approximately 40 million USD stolen.