The Mango v3 redemption website is now live, and users can apply for compensation based on the proposal calculation results

ChainCatcher news, the Solana ecosystem DeFi platform Mango announced that the Mango v3 compensation redemption site is now live. Affected users can apply for compensation based on the calculation results from the previously passed DAO proposal. If a user's associated wallet has multiple Mango accounts, the recovery amount will be consolidated.

ChainCatcher reported that the Solana ecosystem DeFi platform Mango suffered a hacker attack, resulting in losses exceeding $100 million. On October 18, Mango initiated a community proposal, stating that the amounts users can receive will be based on their balance snapshot taken one hour before the attack (Beijing time, October 12, 6:19), which will minimize the discrepancy between the Tokens users had before the exploit and the Tokens they will receive. (source link)