🚀 Oops! Crypto developer platform Gitcoin lost a whopping $460,000 of GTC tokens after accidentally sending them to an unrecoverable contract address. Here's what happened:

- Gitcoin intended to transfer GTC from the treasury for a merchandise, memes, and marketing budget proposal.

- Instead, the funds went to a GTC token contract, leaving them stuck with no way to recover them. Ouch!

What's next?

- Gitcoin devs confirmed the funds are lost, but they're working on plans to prevent this from happening again.

- Some suggest the DAO could consider the lost tokens a reduction in GTC supply, rather than a loss of treasury funds.

Moral of the story: Always double-check those addresses! 😅