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Warp Finance Will Distribute Portal IOU Tokens To Compensate The Losses Of Users During Flash Loan Attack In December
Summary: ln response to the flash loan attack that occurred in December last year, the DeFi protocol Warp Finance today updated the compensation plan. Although most of the lost funds have been recovered, Portal IOU tokens will be used as additional compensation for any loss and inconvenience caused to users. The official stated that it will distribute ...
ln response to the flash loan attack that occurred in December last year, the DeFi protocol Warp Finance today updated the compensation plan.
Although most of the lost funds have been recovered, Portal IOU tokens will be used as additional compensation for any loss and inconvenience caused to users. The official stated that it will distribute Portal IOU tokens to each affected user on Thursday for compensation.
The total supply of Portal IOU tokens is 7,760,241, accounting for 7.5% of the total supply of Warp tokens, which means 1 Portal IOU represents 0.001449697206 Warp tokens.
By Mary Liu
Tags: DeFi,Flash Loan,Portal IOU,Warp,Warp Finance
Link: Warp Finance Will Distribute Portal IOU Tokens To Compensate The Losses Of Users During Flash Loan Attack In December [Copy]
