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Euler Finance, a decentralized finance (DeFi) platform for borrowing and lending cryptocurrencies, took to Twitter Monday night to announce that the hackers The community behind Euler Finance, the decentralized finance (DeFi) lending protocol that suffered a $200 million hack in March, will soon be asked to vote on how to distribute The community behind Euler Finance, the decentralized finance (DeFi) lending protocol that suffered a $200 million hack in March, will soon be asked to vote on how exploited funds successfully recovered On, approximately $200 million in assets were unlawfully extracted from the Euler Protocol via an exploit of Distribution Plan UpdateApr 27th, 2025. To redistribute the funds recovered from the Euler hack, Idle Leagues have been implementing several fixes, which are 12 de abr. de attack on Euler extracted the majority of funds held by the protocol and converted them into ETH and DAI. Much of this has been recovered and will now Over the course of the following three weeks, the Euler Labs team engaged in a highly strategic recovery effort that led to the return of ~$240 million in the stolen assets.

Euler Finance Community Maps Out Plan to Distribute Recovered Funds from $200M Hack

The community behind Euler Finance, the decentralized finance (DeFi) lending protocol that suffered a $200 million hack in March, will soon be asked to vote on how to distribute exploited funds successfully recovered. Euler Finance, a decentralized finance (DeFi) platform for borrowing and lending cryptocurrencies, took to Twitter Monday night to announce that the hackers… well, a good portion of them had a change of heart. The recovery of these funds marks a significant victory for the DeFi community and sets a precedent for future security incidents.

On, approximately $200 million in assets were unlawfully extracted from the Euler Protocol via an exploit. The attack on Euler extracted the majority of funds held by the protocol and converted them into ETH and DAI. Much of this has been recovered and will now be the subject of a community-driven distribution plan.

Details of the Distribution Plan

The community behind Euler Finance, the decentralized finance (DeFi) lending protocol that suffered a $200 million hack in March, will soon be asked to vote on how to distribute the recovered funds. The proposed distribution aims to fairly compensate affected users who lost funds due to the exploit. Distribution Plan UpdateApr 27th, 2025 - Details of the proposal will be presented to the community for review and feedback before the official vote.

Over the course of the following three weeks, the Euler Labs team engaged in a highly strategic recovery effort that led to the return of ~$240 million in the stolen assets. This included negotiation and collaboration with various parties. To redistribute the funds recovered from the Euler hack, Idle Leagues have been implementing several fixes, which are key to the smooth and transparent reallocation of assets to rightful owners. 12 de abr. de, the efforts have paid off.

What's Next for Euler Finance?

While the recovery of funds is a major step forward, Euler Finance faces the challenge of rebuilding trust and ensuring the long-term security of its platform. The community vote on the distribution plan is a crucial step in this process.

Stay tuned for updates on the Euler Finance distribution plan and the future of the DeFi protocol. We will continue to provide coverage of this important story as it develops.

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