Railgun DAO allocates $365,000 to help Harmony recover hacked funds
Railgun DAO community recently sent $365,000 worth of ETH to support Harmony in helping it recover its Horizon Bridge. Last year, hackers stole $100 million from Harmony's bridge protocol. Railgun is a DeFi privacy protocol managed by a decentralized community of the same name. The donation began with an automatic execution proposal submitted to Railgun governance by an anonymous user. The automatic execution proposal does not require higher-powered DAO members to operate. Once the DAO votes, the smart contract code in the proposal will be triggered for immediate execution.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x DGAI: Trade to share 60,000 USDT
CandyBomb x DEBIT: Trade to share 45,000 USDT
Bitget Will Support the BounceBit (BB) Contract Swap
Hold USDGO for dual perks, earn up to 30%+ APR!
Crypto prices
More
