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ONYX announces compensation for users affected by last year's hacker attack.

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#DeFi
$XCN
Odaily
523Words
May 2, 2024

DEFI protocol ONYX announced on X platform that the proposal to compensate users affected by the previous attack has been voted and approved, allowing immediate claims. Users can initiate V1 claims by sending an email to [email protected]. In November last year, ONYX suffered a hacker attack, resulting in a loss of approximately $2.1 million. To ensure proper compensation for the users affected by the attack, ONYX has decided to utilize the "$40 million $XCN token facility" jointly owned with institutions such as LDA CAPITAL for the first time. The ONYX DAO will sell $XCN tokens from the DAO treasury through this facility to directly compensate for the losses incurred by the ONYX PROTOCOL in this attack, ensuring that affected users receive the appropriate funds.

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