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Balancer proposes distributing $8 million in recovered assets to affected users
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A total of $28 million was salvaged through internal and external rescue efforts
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White hats recovered $3.86 million and will receive 10 percent bounties
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Reimbursement is non-socialized and based on LPs’ BPT balances
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Claims will be paid in-kind with the original recovered tokens
Balancer Moves Forward With Recovery Plan
Balancer has outlined a reimbursement plan following its early November exploit that drained more than $128 million from Composable Stable Pools. The proposal focuses on distributing roughly $8 million in recovered assets directly to affected LPs.
The remaining salvaged funds, including $19.7 million in osETH and osGNO held by StakeWise, are being managed separately.
Non-Socialized, Pro-Rata Payout Model
Only liquidity providers in the impacted pools will receive reimbursements, calculated based on their BPT balances at the time of the hack. All payouts will be made in the specific assets recovered rather than converting them into a single token.
White Hats to Receive Bounties
Six white hat actors who intervened during the attack will receive 10 percent bounties, capped at $1 million each. One rescuer recovered more than $2.6 million on Polygon. To claim rewards, participants must complete identity and compliance checks under Balancer’s SEAL Safe Harbor Agreement.
A 180-day claim window will apply before unclaimed assets move under governance control.
