Following a critical exploit back in November that impacted the Beets platform through the Balancer vulnerability, Sonic Labs has now processed a substantial recovery—over half a million dollars worth of assets returned to affected parties. The team distributed approximately 5.83 million S tokens as compensation, calculated proportionally based on each user's losses. This partial recovery marks an important step in addressing the incident, though it represents just one phase of the restoration efforts. Affected community members received their allocations across the board, reflecting the protocol's commitment to making victims whole despite the setback.
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LayerZeroEnjoyer
· 7h ago
Sonic Labs is still handling things seriously, and their attitude is pretty good. But just five million dollars to make everyone shut up? Seems like there's more to come.
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gas_fee_therapist
· 7h ago
ngl this time it finally didn't end completely badly, although it only recovered less than half. I heard there are more to come, so let's wait and see.
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PumpBeforeRug
· 7h ago
NGL, this speed is a bit surprising; at least they're taking action rather than hiding... Although "partial recovery" still sounds a bit painful.
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zkNoob
· 7h ago
NGL, the compensation speed is okay, but over 500,000 USD for that vulnerability's scale... feels a bit lacking.
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FlashLoanLarry
· 7h ago
NGL, half a million USD for this? The Balancer pit isn't even filled yet...
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TokenomicsDetective
· 7h ago
NGL, Sonic's handling this time was quite fast, but only half of the over 500,000 dollars has been covered? Still need to keep追...
Following a critical exploit back in November that impacted the Beets platform through the Balancer vulnerability, Sonic Labs has now processed a substantial recovery—over half a million dollars worth of assets returned to affected parties. The team distributed approximately 5.83 million S tokens as compensation, calculated proportionally based on each user's losses. This partial recovery marks an important step in addressing the incident, though it represents just one phase of the restoration efforts. Affected community members received their allocations across the board, reflecting the protocol's commitment to making victims whole despite the setback.