Platypus is working on a plan to compensate and may issue a recovery proposal at the AAVE’s governance forum

02/19 04:53

Platypus official tweeted that it is working on a plan to compensate the losses, and reminded users don’t repay USP and realize the losses. It would be easier for us to manage the damage. Also, users don’t have to worry about liquidation as liquidation is paused, stability fee after the attack will not be counted. Platypus also said: “Part of the fund is trapped in AAVE and we’re exploring a method that can potentially recover the fund. That would require us to propose and pass a recovery proposal on AAVE’s governance forum.” Platypus said that it has also been working with different parties to recover the damage but we would need more time to confirm the result. we’ll make further announcement once these are confirmed.
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