According to Deep Tide TechFlow news on November 28, as reported by CoinDesk, Balancer DAO has begun discussions on a plan to allocate approximately $8 million of recovered assets to affected Liquidity Providers.
These funds were quickly recovered by white hat hackers and internal teams after the attack occurred. According to the draft released by DAO contributor Xeonus, the plan includes structured payments to white hat hackers and a user compensation mechanism based on snapshot data of pool holdings at the time of the attack.
In addition to the 8 million dollars reallocated through the DAO, another 19.7 million dollars of osETH and osGNO were recovered by the white hat hacker StakeWise, which will be handled separately. Additionally, through coordinated efforts with another white hat hacker, Certora, 4.1 million dollars were internally recovered, but did not qualify for the white hat reward due to a prior service agreement.
According to previous news, the protocol was attacked on November 3, resulting in losses exceeding 110 million dollars.
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