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Linear Finance initiated a vote on the handling plan for the LUSD attack incident, providing four handling options

9月 19, 2024 02:36:55

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ChainCatcher news, the DeFi synthetic asset protocol Linear Finance has initiated a vote on the handling plan for the LUSD attack incident. Linear Finance has provided four handling options: permanently disable all current liquid assets and release all collateralized LINA tokens to the community; utilize upgradeable smart contracts for a comprehensive recovery; redeploy the tokens; communicate with the attacker.

ChainCatcher previously reported that Linear Finance announced it has suspended token minting, burning, or trading due to the depletion of LUSD liquidity caused by the attack.

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