Moonwell has announced a potential recovery plan for users affected by the cbETH Core Market incident on Base, now available on its governance forum. The proposal includes integrating the Moonwell Apollo (MFAM) community into the Moonwell ecosystem (WELL). Key elements of the plan involve immediate partial compensation from the Moonwell Apollo Treasury, ongoing compensation through protocol revenue, and offering stkWELL compensation to MFAM holders and stakers at a 1:1.5 ratio (MFAM:stkWELL).
Moonwell Proposes Recovery Plan for Base cbETH Core Market Incident
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