Moonwell posted on X that a potential recovery plan for users affected by the cbETH Core Market event on Base has been launched on the governance forum, including a pathway to incorporate the Moonwell Apollo (MFAM) community into the Moonwell ecosystem (WELL). The proposal includes: immediate partial repayment by the Moonwell Apollo Treasury; ongoing repayment through protocol revenue; and providing stkWELL compensation to MFAM holders and stakers at a ratio of 1:1.5 (MFAM:stkWELL).
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Moonwell posted on X that a potential recovery plan for users affected by the cbETH Core Market event on Base has been launched on the governance forum, including a pathway to incorporate the Moonwell Apollo (MFAM) community into the Moonwell ecosystem (WELL). The proposal includes: immediate partial repayment by the Moonwell Apollo Treasury; ongoing repayment through protocol revenue; and providing stkWELL compensation to MFAM holders and stakers at a ratio of 1:1.5 (MFAM:stkWELL).