Odaily Planet Daily News Regarding the approximately $58 million attack incident in October, the multi-chain lending protocol Radiant Capital released an update on platform X stating: 1. Recovery of lost funds and fundraising for rescue funds: Relevant work is ongoing, but no significant progress or positive updates have been made yet. 2. Remediation plan: A comprehensive community proposal is about to be submitted again for voting by the DAO; after a review and mediation phase by the council, the process is expected to be smoother; a separate proposal addressing unlimited authorization losses is expected to be drafted in the first quarter; this remains a complex and sensitive issue that needs to be handled with caution. 3. Council elections: Another proposal is in the community collaboration phase and is about to begin the governance process to elect a new community council, replacing the first council in accordance with the DAO charter; thereafter, council elections will be held annually.

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