After $117 million was stolen on Oct. 11, the Mango Markets community is ready to strike a deal with the hacker.helpThe hacker has made $47 million as a bug bounty reward, according to the DeFI (Decentralized Finance) Protocol Governance Forum.
proposed terms It states that $67 million of stolen tokens will be returned. While the hackers will keep $47 million, more than 98% of voters, or 291 million tokens, have voted in favor of the deal. It is also stipulated that Mango Markets will not prosecute criminally.
However, the proposal was also questioned in regulatory forums. One voter stated: “100% agree that prompt compensation to users is most important, but the $50 million ‘bug bounty’ is ridiculous. $15 million) plus $10 million, even a hacker who got $600 million only got $10 million in payout, so Mango should negotiate better.
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