One of the well-established protocols of the DeFi ecosystem BalancerFollowing the massive attack that took place in November and resulted in the theft of more than $128 million in assets, announced a comprehensive plan to distribute the $8 million recovered funds to victimized users. The company’s offer covers assets recovered through both interventions by white hat security researchers and internal operations.
Details of Rescue Operation and Deployment Plan
According to Balancer’s proposal dated November 28, a total of approximately $28 million worth of assets were recovered after the attack. 19.7 million dollars of these funds, osETH And osGPA It continues to be managed through its tokens by the liquidity protocol called StakeWise. The $8 million portion determined for distribution will be allocated directly to Balancer users, that is, liquidity providers (LP) affected by the attack.
The protocol states that compensation payments will only be made to LPs in damaged pools, adopting the “non-socialized reimbursement” model. Funds at the time of attack Balancer Pool Token (BPT) will be distributed proportionally according to the ownership rate. Payments will be made in tokens of the same type; That is, users will receive an exact copy of the recovered assets.
The attack occurred due to a vulnerability in the Composable Stable Pool structure of Balancer V2. This incident, which took place at the beginning of November, was recorded as one of the highest volume attacks of recent times in the decentralized finance ecosystem.
Those Participating in the Rescue Process Will Be Rewarded
Based on Balancer’s offer recovery processA 10 percent reward will be given to six white hat security researchers who play a critical role in the Awards are limited to a maximum of $1 million per operation. In the biggest recovery ever, an anonymous actor took back $2.68 million worth of assets on the Polygon network. Ethereum 
$3,022.03 on mainnet bitfinding While researcher named recovered $963,832, smaller amounts of funds were recovered on the Base and Arbitrum networks.
Balancer requires all white hats to undergo identity verification and enforcement screening. Arbitrum Based rescuers refused to reveal their identities and waived their right to reward.
Under the distribution plan, users will have to submit their requests within 180 days. Expired and unclaimed assets will be placed in “dormant fund” status and will be put to management vote for reallocation. This approach highlights both transparency and the principle of community-based governance.
