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More Relief for Stader, pStake Users
Ankr Staking has pledged $3 million more in funds to users affected by the $15 million exploit that occurred in December 2022. The staking protocol has partnered with the Wombat Exchange ecosystem to help further compensate users of the pStake and Stader pools.
🚨Important update for affected $BNBx & $stkBNB LPs 🚨
— Wombat Exchange 🐻🔁 (@WombatExchange) April 19, 2023
Ankr has provided a compensation update, learn more in the thread below. Stay tuned for further updates. https://t.co/EiWieSZixC
In December, Ankr reimbursed 100% of funds lost in 17 of 19 protocols, with users of the two remaining protocols – pStake and Stader – receiving 50% relief.
Ankr’s relief efforts are in partnership with Wombat Exchange and yield-boosting platforms Wombex Finance, Magpie XYZ and Quoll Finance.
The relief will be delivered via the $ankrBNB pool on Wombat Exchange and consists of equal parts of $ankrBNB and $BNB. Compensation is withdrawable after one year, during which time victims can withdraw staking rewards.
What is Wombat Exchange:
Wombat Exchange is a multi-chain stableswap focused on fueling DeFi growth and promoting its product’s scalability, accessibility, and efficiency in the multi-chain space. The protocol allows users to swap stablecoins at minimal slippage and stake at maximum yield.
What is Ankr Protocol:
Ankr is a decentralized Web3 infrastructure for a better Web3 world. The protocol provides the most powerful multi-chain toolkit to access blockchain infrastructure, earn yields, and integrate DeFi solutions.