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Radiant Capital DAO Releases Community Redress Plan
Odaily News Radiant Capital suffered a targeted attack last October, resulting in the theft of user deposits in the Arbitrum and BNB Chain core lending markets. In response, Radiant DAO announced the launch of a transparent, community-led remediation plan with a remediation framework targeting two different groups of affected users:
1. Lending Market Depositors: includes users who deposit directly into the Radiant Lending Market, deposit through Radpie, or deposit into the RIZ Vault. This also includes unclaimed pre-exploitation dLP rewards.
Unlimited Approval Exploit Group: This group consists of users who suffered losses from granting unlimited token approvals to the hijacked Radiant lending contract, and had funds in their wallets directly drained from them due to the unlimited limit.
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