The ParaSwap community has agreed to use treasury funds to compensate users for losses caused by hacker attacks

According to ChainCatcher, according to Cointelegraph, the DEX aggregator ParaSwap community has voted to pass the proposal to "use treasury funds to compensate users for losses caused by hacker attacks". The ParaSwap Augustus v6 contract was temporarily launched on March 18, aiming to improve transaction efficiency and reduce Gas fees. However, the contract contains a serious vulnerability that allows hackers to steal funds from users who approve the upgrade. Although the rollback measures avoided the loss of $3.4 million in assets, about $864,000 in assets were lost in the process. According to ChainCatcher, according to Cointelegraph, the DEX aggregator ParaSwap community has voted to pass the proposal to "use treasury funds to compensate users for losses caused by hacker attacks". The ParaSwap Augustus v6 contract was temporarily launched on March 18, aiming to improve transaction efficiency and reduce Gas fees. However, the contract contains a serious vulnerability that allows hackers to steal funds from users who approve the upgrade. While the rollback avoided $3.4 million in asset losses, approximately $864,000 in assets were lost in the process.