Unizen: Users with losses below $750,000 will receive immediate compensation from the borrowed funds of the founder

ChainCatcher news, the DeFi protocol Unizen announced that after suffering an attack, it will compensate over 99% of the affected users in the community. Its CEO / founder Sean Noga has decided to lend Unizen his personal funds interest-free to provide immediate compensation. Users with losses of $750,000 or less will be compensated as soon as possible, while those with losses greater than this amount will be handled on a case-by-case basis.

Previously, on March 9, according to PeckShield's detection, the DeFi trading platform Unizen was attacked, suspected to be due to an approval-related vulnerability, with total losses exceeding $2 million.