Mango DAO Votes to Approve Settlement Proposal with Attacker
Oct 15,2022,04:59
Solana-based margin trading and lending protocol Mango Markets' community voted to pass the settlement proposal with the attacker, with 96.6% of the voting power supporting. According to the proposal, the attacker will return around $67m worth of assets, including 10m $USDC, over 32m $MNGO and over 760k $SOL, to repay bad debt, and will keep around $47m as a bounty. In addition, Mango Markets will not pursue criminal charges on the case.
