🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
Share your creations with trending topics and get a chance to split $5,000 in rewards! 🎁
👉 Join now: https://www.gate.com/campaigns/1953
💡 How to Join:
1️⃣ Post with the hashtag #Gate Square Mid Autumn Creator Incentive# .
2️⃣ Your content should follow the daily trending topics posted by [Gate _Square], and include both hashtags.
3️⃣ The more posts, higher quality, and greater engagement — the bigger your rewards! 🚀
💰 Creator Rewards:
🏆 Top 1: Bulgari Mid-Autumn Gift Box + $100 Futures Voucher + $100 GT
🥈 Top 2: Bulgari
GMX has completed a compensation plan of approximately $44 million to address the V1 vulnerability issue.
PANews August 13 news, GMX announced that it has completed a compensation plan of approximately $44 million for the vulnerabilities affecting GMX V1, distributing GLV tokens to affected Arbitrum GLP holders, including GLV [BTC-USDC] and GLV [WETH-USDC]. The token composition is approximately 25% Bitcoin, 25% Ethereum, and 50% stablecoin. This compensation includes 2 million USD from the DAO treasury support and 500,000 USD in GLV holding rewards. Users can apply for compensation through the GMX dApp, and those who hold GLV for at least 3 months can receive retention rewards. The GLP redemption feature is expected to be opened in 10 days, and the remaining GLP can be sold normally. The vulnerability was discovered on July 9, and the anonymous attacker accepted a $5 million bounty and returned the funds; GMX V2 was not affected.