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OpenLeverageOpenLeverageby0xfD7CA5e71fEA811ef2C2d95c510371b0be78530a0xfD7C…530a

Compensation to BNB-BNBx and BNB-stkBNB pool

Voting ended over 3 years agoSucceeded

Early today, there was an exploit on Ankr's $aBNBc. The aBNBc was dumped into liquidity pools on other protocols, causing a ripple effect, which caused $BNBx and $stkBNB holders to panic dump massively.

Due to the fast price movement, about 7.493 $BNB bad debt was created in the BNB->BNBx and BNB->stkBNB pools. We are initiating a community vote on compensation for the pools with insurance.

Off-Chain Vote

Yes, let's compensate
992.25K OLE41.9%
No, let the bad debt stay
1.38M OLE58.1%
Download mobile app to vote

Timeline

Dec 02, 2022Proposal created
Dec 02, 2022Proposal vote started
Dec 05, 2022Proposal vote ended
Oct 26, 2023Proposal updated