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Balancer DAO Proposes $8 Million LP Repayment After V2 Exploit

The plan details pro‑rata in‑kind repayments with 10% whitehat bounties subject to KYC.

Overview

  • The RFC outlines pro‑rata, in‑kind distributions to affected LPs based on pre‑exploit BPT snapshots, with per‑pool, non‑socialized payouts.
  • A claim portal is planned that will require acceptance of updated terms of use before funds can be received, with unclaimed assets to be decided by later governance.
  • Whitehat participants are earmarked 10% bounties on assets they recovered, subject to identity verification and sanctions screening under Balancer’s Safe Harbor.
  • Recoveries coordinated with Certora will return directly to pools without bounties, while StakeWise’s roughly $19.7 million in osETH/osGNO will be handled separately.
  • The forum proposal moves to community review ahead of a vote following the Nov. 3 attack that drained over $110 million across Ethereum and L2s and hit TVL and BAL.