Ankr Plans to Reissue $ankrBNB to $aBNBc Holders Before Exploit, and Purchase $5M Worth of $BNB to Compensate LPs

Ankr released an update on Twitter regarding its exploit, saying the team has assessed the damage and it is $5M worth of $BNB from the liquidity pools. Ankr proposed the following to address the situation:

Ankr will take a snapshot and reissue $ankrBNB to all valid $aBNBc holders before the exploit. $ankrBNB will be redeemable, while $aBNBc and $aBNBb will no longer be redeemable;

In addition, Ankr will purchase $5m worth of $BNB and use it to compensate the liquidity providers that have been affected by the exploit due to the drainage of the liquidity pool.

Source

DeFi

Staking

BNB Chain

Security Incidents

In This Article

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