Radiant Capital: The recovery of lost funds and the raising of rescue funds are in progress
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2024-12-30 22:32 748
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Golden Finance reported that in response to the approximately $58 million attack in October, the multi-chain lending protocol Radiant Capital issued an update on the X platform stating:
1. Recovery of lost funds and raising of rescue funds: Relevant work is in progress, but no significant progress has been made or actively updated.
2. Remediation plan: A comprehensive community proposal will be submitted to the DAO for voting again. After the board review and mediation stage, the process is expected to be smoother; a separate proposal for unlimited authorization loss is expected to be drafted in the first quarter; This remains a complex and sensitive issue that needs to be handled with caution.
3. Board election: Another proposal is in the community collaboration stage and will soon begin the governance process to elect a new community board to replace the first board in accordance with the provisions of the DAO charter; thereafter, board elections will be held annually .