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Tribe DAO Votes to Repay Rari Capital Hack Victims—Again Alth | Crypto World Analysis

Tribe DAO Votes to Repay Rari Capital Hack Victims—Again

Although
it’s been a long road for victims of the Rari Capital hack, it appears as if their journey is once again at its end. Following several rounds of voting and governance proposals, Tribe DAO—the entity spawned from a token merger between Rari Capital and Fei Protocol—today confirmed that it would repay victims of the Rari hack.

The proposal is just one move following the DAO's announced dissolution. Other components of the dissolution included redeeming FEI for DAI, offering TRIBE token holders pro-rata shares of the DAO's assets, and removing all of Tribe's governance powers. According to on-chain voting platform Tally, where the vote was conducted, 99% of votes were in favor of full reimbursement. “If passed, this proposal would issue a payment to those affected by the Fuse Hack corresponding to the full amount stolen by the hacker,” read the poll.

Source

@CryptoWorldAnalysis