Balancer DAO Launches $8 Million Recovery Plan for November Exploit

The Balancer DAO is taking proactive steps to address the aftermath of a $110 million exploit in November. As part of its recovery plan, the DAO will provide a $8 million compensation package specifically to affected liquidity providers. This initiative prioritizes proportional reimbursement, focusing on pools and tokens that directly suffered losses. This approach is designed to mitigate further financial repercussions while promoting responsible governance. 🤝 🔒