After months of uncertainty, the Tribe DAO has passed a vote to repay affected users of the $80 million exploit on борборлоштурулган каржылоо (DeFi) platform Rari Capital’s liquidity pools.
Добуш берүүнүн жана башкаруу сунуштарынын бир нече турунан кийин, Мидас Капитал, Рари Капитал, Фей Протоколу жана Вольт Протоколунан турган Tribe DAO жекшемби күнү хакерлердин чыгымын толугу менен кайтарып берүү максатында добуш берүү чечимин кабыл алды.
Data from the on-chain voting platform Tally шоу that 99% of those who voted were in favor and the proposal was executed on Tuesday.
According to the description underneath the voting data, individual users will be paid back in Fei USD (FEI), while DAOs will be paid in Dai (боюнча). Users would also have to sign a message releasing any liability.
In a Sept. 20 Twitter кызмат, Fei’s founder Joey Santoro on Twitter said the payment would be made 24 hours after the passing of the vote.
1/ The Rari Fuse Hack Payment has passed on-chain to FULLY pay the victims in 24 hours.
This is a big moment in these final governance decisions of the Tribe DAO.
— Joey ’s ERC-4626 (@joey__santoro) Сентября 19, 2022
The total payment amount is 12.68 million FEI, which is trading at $0.97 at the time of writing, and 26.61 million DAI, which is trading at $1, боюнча CoinGecko маалыматтарына.
The vote was one of the final governance decisions for Tribe DAO which has announced plans to wind down.
In their Aug. 20 proposal, they түшүндүрдү the “challenging macro environment” and “specific challenges such as Rari Capital’s Fuse hack” were all factors in the decision.
“At this stage, a responsible choice for the DAO to consider is leaving the protocol in a state which would defend the FEI peg without the need for governance.”
The whole process of reimbursing victims of the hack has been ongoing, with several rounds of voting through snapshot signaling polls and on-chain. However, none ended in a resolution for affected users.
Santoro explained the challenges they all faced in coming up with a solution and hopes that other DAOs can learn from the incident.
байланыштуу: DeFi протоколу Rari Fuse бузулгандан бир нече ай өткөндөн кийин жабылат
“The biggest lesson here is that DAOs should not have to make decisions like this after the fact. An explicit upfront policy, ideally with on-chain enforcement, would have saved the DAO from needing to venture into uncharted governance territory.”
6/
I hope everyone can take away these lessons and know that all of the stakeholders truly did their best in an unprecedented situation.— Joey ’s ERC-4626 (@joey__santoro) Сентября 19, 2022
Following the hack, a $10 million bounty was offered to the hackers but it was never disclosed if they responded.
Source: https://cointelegraph.com/news/tribe-dao-votes-in-favor-of-repaying-victims-of-80m-rari-hack