Unizen: The founders’ funds will be borrowed to compensate users. Users with losses below US$750,000

BE the TO Unizen 2024-03-11 99
On March 11th, DeFi protocol Unizen announced that after suffering an attack, it will compensate over 99% of the affected users in the community. Its CEO/founder Sean Noga decided to lend Unizen his personal funds at zero interest to provide immediate compensation. Users with losses valued at $750,000 or less will be compensated as soon as possible, while those with wallets that have suffered greater losses will be handled on a case-by-case basis. According to PeckShield's detection, DeFi trading platform Unizen was attacked, possibly due to approval-related vulnerabilities, with total losses exceeding $2 million.