Euler Finance Community Weighs Plan to Return Money Recovered From $200M Hack

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Community members of DeFi lending protocol eulerfinance are assessing a proposal that lets users redeem their capital that had been lost – but was then recovered – in last month’s hack. reports

Created five days ago, theaims to let Euler users redeem their capital as soon as possible. Submitted by co-founder Doug Hoyte, this has been “chosen as the optimum approach” by the Euler Foundation, Euler Labs and external advisers, according to the proposal.

 

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