🚨 Urgent | Compensation for victims of the Drift protocol hack begins! 💸🔐
Drift protocol, one of the leading decentralized futures exchanges on the Solana network, has announced the official launch of the claims and withdrawals portal dedicated to the DFX token, to compensate users affected by the massive breach that occurred on April 1.
Key details of the current recovery plan:
• Original losses: The attack carried out by entities linked to North Korea had drained approximately $295.4 million.
• Compensation mechanism: Affected users will receive the DFX token for every USDT of the confirmed loss in today’s snapshot.
• Initial recovery rate: The initial allocation to the recovery fund is around 3.11 million USDT, setting the initial recovery rate at only 0.0104 USDT per DFX (meaning users will receive roughly one cent for each dollar in this first phase).
• Time window: Victims have until January 1, 2028 to claim their tokens via the official portal; after this date, any portion of the total DFX supply that remains unclaimed will be permanently burned.
#DriftHackVictimsBeginClaims
$DRIFT
Drift protocol, one of the leading decentralized futures exchanges on the Solana network, has announced the official launch of the claims and withdrawals portal dedicated to the DFX token, to compensate users affected by the massive breach that occurred on April 1.
Key details of the current recovery plan:
• Original losses: The attack carried out by entities linked to North Korea had drained approximately $295.4 million.
• Compensation mechanism: Affected users will receive the DFX token for every USDT of the confirmed loss in today’s snapshot.
• Initial recovery rate: The initial allocation to the recovery fund is around 3.11 million USDT, setting the initial recovery rate at only 0.0104 USDT per DFX (meaning users will receive roughly one cent for each dollar in this first phase).
• Time window: Victims have until January 1, 2028 to claim their tokens via the official portal; after this date, any portion of the total DFX supply that remains unclaimed will be permanently burned.
#DriftHackVictimsBeginClaims
$DRIFT