• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Balancer DAO Proposes Recovery Plan for Hack Victims

Balancer DAO Proposes Recovery Plan for Hack Victims

user avatar

by Elias Mukuru

21 hours ago


In a significant move to address the aftermath of a recent security breach, the Balancer DAO has unveiled a governance proposal aimed at compensating victims of the attack. According to the official information, this initiative, announced on November 27, 2025, seeks to ensure that the financial burden does not extend to the wider protocol community.

Recovery Streams for Affected Liquidity Providers

The proposed plan outlines two separate recovery streams, specifically designed to assist those liquidity providers who held Balancer Pool Tokens (BPT) in the affected pools during the incident. By targeting only the impacted users, the DAO aims to maintain the integrity of the protocol while providing necessary support to those directly harmed by the breach.

Commitment to Accountability and Transparency

This approach reflects a commitment to accountability and transparency, as the Balancer DAO navigates the complexities of recovery in the wake of the attack. The governance proposal is currently open for discussion among community members, who are encouraged to weigh in on the plan's details and implications.

In a recent development, CEA Industries Inc appointed Annemarie Tierney to its board, enhancing its governance in digital assets. This strategic move comes shortly after the Balancer DAO's proposal to support victims of a security breach. For more details, see read more.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Strike: The Zero-Fee Bitcoin Specialist

chest

Strike is recognized for its unique zero-fee environment for Bitcoin purchases, allowing investors to acquire Bitcoin without incurring any trading fees.

user avatarLuis Flores

Cryptocom: Buying BTC On-the-Go

chest

Cryptocom excels as a mobile-first platform, offering a comprehensive rewards ecosystem for users.

user avatarMiguel Rodriguez

Kraken: The Low-Fee, High-Security Powerhouse

chest

Kraken is recognized as the best overall exchange for Bitcoin due to its low trading fees and strong security measures.

user avatarDavid Robinson

Coinbase: Unmatched Simplicity for BTC Newcomers

chest

Coinbase is frequently cited as the top choice for absolute beginners due to its intuitive user interface and comprehensive educational resources.

user avatarMaria Gutierrez

Gemini: Trust, Security, and Institutional Compliance

chest

Gemini is recognized for its strong security and regulatory compliance, making it a preferred choice for experienced traders.

user avatarArif Mukhtar

Top 5 Exchanges for Frictionless Bitcoin Purchases

chest

A report evaluates the best exchanges for hassle-free Bitcoin purchases based on user interface, fee structure, and security.

user avatarAndrew Smith

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.