Radiant DAO community releases proposal to compensate for unlimited authorization vulnerability losses

According to Foresight News, the Radiant DAO community has released a proposal to compensate for unlimited authorization vulnerability losses. The proposal includes compensation for unlimited authorized user losses caused by the October 16, 2024 vulnerability (involving Arbitrarum and BNB Chain), with a loss of $7.7 million in 2024 and $1.2 million in the first quarter of 2025. Compensation will be issued in the form of stablecoins, with a 30% discount on losses in 2024 and a 60% discount in 2025, with priority lower than depositor compensation (RFP-47). The community needs to vote to determine the source of funding, with options including DAO and partners sharing or not compensating.