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Following yesterday’s confirmed multi-million dollar exploit, BNB Chain based protocol Ankr took to its company blog on Dec. 2 to relay its next steps to users.
The team said it was identifying liquidity providers to decentralized exchanges (DEXs) as well as protocols supporting aBNBc or aBNBb LP. The group also said it is assessing aBNBc collateral pools, such as Midas and Helio. According to the post, Ankr intends to purchase $5 million worth of BNB (BNB), which it will use to compensate liquidity providers affected by the exploit.
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Image and article originally from www.investing.com. Read the original article here.