Raydium (RAY) is an automated market maker token and a liquidity provider that provides lightning-fast trades, total liquidity and new features for making a profit.

RAY news today, Raydium crypto latest news of token ticker

Raydium

Note: The following discussion assumes that the exploiter does not return funds. Addresses controlled by and transfers initiated by the exploiter are still being tracked. You can view recent updates here, with details about increased bounties.  The intent of this discussion is to allocate the funds necessary to make users whole to the best of Raydium’s ability. The logistics of how compensation will be carried out should be discussed in a follow-up proposal, especially with how it pertains to th...

Potential Compensation Plan and Paths Forward Following Dec. 16 Exploit

Telegram

Hey everyone, just a reminder we are going to give another day or so for the governance discussion to start the reimbursement of funds lost. Target is to get it to a vote EOD on Dec 23 UTC+0

TLDR is to use protocol revenue, earmarked for RAY buybacks to offset the loss to LPs.

If you have any questions or concerns, please comment on the proposal to let us know https://raydium.discourse.group/t/potential-compensation-plan-and-paths-forward-following-dec-16-exploit/15