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Alex Labs has released a post-breach recovery roadmap and enhanced security measures

CointimeCointime2024/05/30 13:49
By:Cointime

Alex Labs has announced a recovery roadmap and strengthened security measures after disclosing the vulnerability. The team has two ongoing governance votes: the Treasury Grant Program (TGP), which is crucial for restoring community assets, and the reopening of voting for unaffected pools. The purpose of the TGP governance vote is to decide how to best utilize the recovered assets and other resources. However, due to the synthetic nature of the solutions, there are inherent risks associated with choosing Option 3 and Option 4.

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