Radiant Capital DAO Releases Community Redress Plan

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ODAILY
07-07
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Odaily Planet News: Radiant Capital suffered a targeted attack last October, resulting in the theft of user deposits in the core lending markets of Arbitrum and BNB Chain. In response, Radiant DAO announced the launch of a transparent, community-led remediation plan. The remediation framework targets two different groups of affected users: 1. Lending Market Depositors: Including users who directly deposited in the Radiant lending market, deposited through Radpie, or deposited in the RIZ vault, which also includes unclaimed pre-vulnerability dLP rewards. 2. Unlimited Approval Exploit Group: This group consists of users who suffered losses due to granting unlimited token approvals to the hijacked Radiant lending contract, and whose funds were directly drained from their wallets due to the unlimited limit.

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