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    HomeCrypto Finance

    Platypus to work on compensation plan after $8.5M assault

    Crypto Finance
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    Latest News

    Decentralized finance (DeFi) agency Platypus is engaged on a compensation plan for customers’ losses after a flash mortgage assault drained practically $8.5 million from the protocol, affecting its stablecoin dollar-peg.

    In a tweet on Feb. 18, Platypus stated it was engaged on a plan to compensate the damages and requested customers to not notice their losses within the protocol, saying this may make it more durable for the corporate to handle the difficulty. Asset liquidations are additionally paused, stated the protocol:

    Platypus USD Worth Chart – 7 days. Supply: CoinGecko

    Proceed Studying on Coin Telegraph

    See also  DeSo gives $1M bounty for constructing decentralized Reddit
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