New @MANTRA_Chain Governance Proposal is LIVE The team hasn’t lost sight of the impact of what happened on August 20, and efforts to recover the affected funds are still ongoing. The new proposal seeks approval to move the 37.96M $MANTRA currently frozen in the exploiter’s address back into the OM Upgrade incentives allocation. There’s also ongoing work with Hong Kong law enforcement and the exchange that received most of the stolen tokens to recover additional funds. Any further funds recovered will go towards making up the 120.92M $MANTRA shortfall in the OM Upgrade allocation. Anything recovered beyond that will be burned. The proposal also commits the team to coming back with further measures to address the remaining impact once the final recovery amount is known. Voting ends: November 13th so take note 👇
D.H.S ⚛️🧪Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.