GMX completed V1 vulnerability compensation, distributing 44 million USD to Arbitrum GLP providers.

[Coin World] GMX announced that it has successfully completed the compensation plan for the GMX V 1 vulnerability impact, with approximately $44 million to be distributed to affected Arbitrum GLP Liquidity Providers. Users can apply for compensation through the GMX dApp and receive GLV Tokens, including GLV [BTC-USDC] and GLV [WETH-USDC], with a token composition similar to the original GLP asset allocation. In addition, users holding GLV for at least 3 months will receive a $500,000 retention reward provided by GMX DAO.

GMX-3.1%
ARB-6.76%
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SmartMoneyWalletvip
· 08-13 23:02
Three months of Lock-up Position is too short, a casual move can harvest retail investor Liquidity.
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SeasonedInvestorvip
· 08-13 15:29
Wow, this compensation is on point!
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SchrödingersNodevip
· 08-13 15:29
Hurry up and claim it!
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just_another_fishvip
· 08-13 15:24
Plug the loopholes more reliably.
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GhostInTheChainvip
· 08-13 15:12
This compensation is too fast.
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