Compensation Plan Finalized for Cross-Chain Asset Issues
The platform involved in recent cross-chain bridging incidents released updated compensation details on September 27th. According to the announcement, review of all affected addresses has been completed, with a tiered compensation structure now in place.
Standardized Refunds for Smaller Amounts
For addresses that bridged less than 5 ETH, a standardized approach applies:
- Compensation set at 40% of the original bridged amount
- Regardless of how funds were subsequently used
- Uniform percentage for all qualifying addresses
This streamlined process avoids complex case-by-case assessments for smaller users.
Individual Review for Larger Transactions
Addresses that bridged more than 5 ETH face additional scrutiny. The platform noted:
Some large transactions may be linked to suspicious activities, including potential phishing operations or fraudulent bridging attempts. These cases require individual review.
Users who believe they are legitimate affected parties can submit verification requests through official channels. Approved claims will still receive compensation.
Critical Security Advisory
The platform emphasized key safety precautions:
- No requests for users to transfer funds
- No need to sign suspicious transaction approvals
- Absolutely no fees required to claim compensation
Users should only communicate through official channels mentioned in the announcement, remaining alert to scams requesting private keys or upfront payments.