Ostium has released its Phase 2 compensation plan for OLP holders who lost over 1,000 USDC and did not select the previous convenient allocation option. Eligible users can choose between Category A, offering USDC installments funded by recovered assets and 50% of protocol opening fees, or Category B, which converts losses into Ostium Labs equity at the next financing round's valuation.
The Phase 2 compensation portal is scheduled to launch on October 30. This initiative follows a security breach in July that resulted in $23.75 million in losses for the protocol.
Ostium Unveils Phase 2 Compensation Plan for OLP Holders After $23.75M Attack
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