Radiant Capital: The on-chain market has been restarted, and a comprehensive compensation plan following the attack incident is being implemented

ChainCatcher news, according to official sources, Radiant Capital announced that the new DAO Community Committee officially took office 60 days ago, tasked with the responsibility of rebuilding the protocol after the attack incident on October 16 last year. All on-chain markets of Radiant Capital have been relaunched.

During this period, the DAO has made several key advancements: all core and RIZ markets have been relaunched, and the economic mechanisms and reserve strategies have been optimized; a community-led compensation plan has been established, promising to compensate the damaged funds on a 1:1 basis through long-term contracts, prioritizing the compensation issues of small users; the method of raising compensation funds has been clarified through governance voting.

In addition, the DAO has also restructured its organizational framework, optimized team division of labor and vendor management, reduced costs, and improved execution efficiency.