#drifthackvictimsbeginclaims
DRIFT HACK RECOVERY UPDATE
Victims of the April 1 Drift exploit can now begin claiming DFX recovery tokens based on their verified losses.
The exploit resulted in roughly $295.4M in reported losses while the initial recovery pool contains about $3.11M. That puts the starting redemption value near $0.0104 for every $1 of the verified losses.
The recovery pool could increase through protocol revenue, partner commitments, Tether support and recovered funds.
The bigger question is whether victims claim now or wait for potential future recovery.
#DriftHack #CryptoNews #DeFi $DRIFT
DRIFT HACK RECOVERY UPDATE
Victims of the April 1 Drift exploit can now begin claiming DFX recovery tokens based on their verified losses.
The exploit resulted in roughly $295.4M in reported losses while the initial recovery pool contains about $3.11M. That puts the starting redemption value near $0.0104 for every $1 of the verified losses.
The recovery pool could increase through protocol revenue, partner commitments, Tether support and recovered funds.
The bigger question is whether victims claim now or wait for potential future recovery.
#DriftHack #CryptoNews #DeFi $DRIFT