The cross-chain lending protocol Hundred Finance will cease operations and allocate treasury assets

ChainCatcher news, the cross-chain lending protocol Hundred Finance tweeted that, according to the community voting results of the "April Attack Incident Handling Plan," the protocol will cease operations. Other contents of the proposal include allocating treasury assets to the victims, and the held NFTs will be publicly auctioned for fund distribution.

Previous news, Hundred Finance was hacked on Optimism, with estimated losses of around 7 million dollars.