financialthingz

Drift hack victims finally have a way to recover some of their losses. 👀 Users affected by April’s roughly $295M exploit can now claim DFX recovery tokens. Each $1 of verified loss gives users 1 DFX, but the initial redemption value is only around $0.0104 per token — roughly 1% of the original loss. The recovery pool started with about $3.1M and is expected to grow through protocol revenue, recovered assets and partner support. Victims can redeem, sell, or hold DFX for potentially higher future recovery. The catch? Redeeming burns the tokens and gives up future payouts.#DriftHackVictimsBeginClaims