Kyber Network: Plans to provide aid to users affected by the attack through KyberSwap Treasury.
BlockBeats news on December 2nd, Kyber Network reiterated its firm commitment and efforts to support law enforcement and network security, to track attackers and recover funds taken from users.
Although KyberSwap Elastic is a decentralized and permissionless protocol, users need to accept usage risks when using KyberSwap Elastic and providing liquidity, as stated in the terms of use. Kyber Network plans to provide grants from KyberSwap Treasury to users to mitigate losses caused by exploit vulnerabilities.
The current plan is for KyberSwap Treasury to provide grants to each user (who lost funds in the exploit attack and have not yet recovered) up to the USD value of the funds stolen from their account. The details of the proposal are being developed and more details will be announced in the next two weeks.