Osmosis has restored full backing for its allBTC token, avoiding losses for holders after a shortfall was discovered in the pool's reserves. Seized tokens and community funds were used to cover the gap, according to Osmosis.
The rescue operation retired pool claims rather than replacing all of the missing bitcoin, meaning the underlying deficit was addressed through structural adjustments instead of a direct one-for-one replenishment of the asset.
Osmosis Restores Full allBTC Backing Using Seized Tokens and Community Funds, Sparing Holders a Haircut
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