Ankr says no one should trade aBNBc, only LPs ‘caught off guard’ will be compensated By Cointelegraph
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Following yesterday’s confirmed multi-million dollar exploit, BNB Chain based protocol Ankr took to its company blog on Dec. 2 to relay its next steps to users.
The team said it was identifying liquidity providers to decentralized exchanges (DEXs) as well as protocols supporting aBNBc or aBNBb LP. The group also said it is assessing aBNBc collateral pools, such as Midas and Helio. According to the post, Ankr intends to purchase $5 million worth of BNB (BNB), which it will use to compensate liquidity providers affected by the exploit.
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Following yesterday’s confirmed multi-million dollar exploit, BNB Chain based protocol Ankr took to its company blog on Dec. 2 to relay its next steps to users.
The team said it was identifying liquidity providers to decentralized exchanges (DEXs) as well as protocols supporting aBNBc or aBNBb LP. The group also said it is assessing aBNBc collateral pools, such as Midas and Helio. According to the post, Ankr intends to purchase $5 million worth of BNB (BNB), which it will use to compensate liquidity providers affected by the exploit.
Continue Reading on Coin Telegraph
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