The DEX aggregator ParaSwap community has voted to approve the proposal to "use treasury funds to compensate users for losses caused by hacker attacks."
The ParaSwap Augustus v6 contract was temporarily launched on March 18, aiming to improve transaction efficiency and reduce gas fees. However, the contract contained a serious vulnerability that allowed hackers to steal funds from users who approved the upgrade. Although the rollback measures avoided the loss of $3.4 million in assets, about $864,000 in assets were lost in the process. (Cointelegraph)