Cream Finance will reimburse users 18 million dollars

On August 30, the project was hacked and user funds were stolen.
Cream Finance will reimburse users 18 million dollars

At the end of August DeFi protocol Cream Finace was subjected to a hacker attack, during which attackers stole about $18 million from users. Publication from company cryptodef​ix.com. A total of 418 million Flexa Network (AMP) tokens and 1,308 ETH were stolen. The developers of the project plan to reimburse users for the entire loss.

To reimburse the damage, the developers of Cream Finance plan to allocate 20% of the collected transaction fees. The developers also said that they are ready to pay 10% of the commissions to hackers, if they return the stolen money.

Mentioned project

C.R.E.A.M. Finance A decentralized protocol for lending transactions.
A decentralized protocol for lending transactions.

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