OIP-167: Request to Make Consolidation Users Whole

At 7:49 AM CST on 9/21, our security partners at Hypernative detected unusual activity related to the recently deployed Cooler Consolidation Contract. After analyzing the situation, we identified the scope and nature of the attack and took immediate steps to mitigate it.

As of block 20799042, the total amount affected is $29,383.58 in DAI and gOHM. Though the consolidator was not a core Olympus contract, due to the small impact of losses incurred, we propose to reimburse the impacted users from the DAO Multisig, with the compensation to be denominated in gOHM.

If you are one of the five affected addresses that has not yet revoked both DAI and gOHM approvals, please do so as soon as possible. Any future losses resulting from failure to revoke these permissions will not be eligible for reimbursement.