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Bitcoin

Defi Kiloex platform to compensate affected users with $ 7.5 million penetration

Dex (DeX) said it would compensate for traders and hikers by exploiting $ 7.5 million, temporarily closed the platform earlier in April.

On April 24 advertisementKeelox said that merchants who have open jobs while hanging the platform will receive full compensation if their losses or their profits decrease. The platform said it would pay the difference.

Kiloex urged merchants to close their sites immediately once the statute resumes, because the delay may affect their profits and losses, which may then affect the amount of compensation.

“Please close your position as soon as possible after the statute’s resumption. The compensation will be calculated based on the time of the statute’s resumption,” Kelox stated.

source: Kilox

The manager and profits director are not affected

As for the plastic hybrid cellar tanks, Kelox said that the stolen money was fully strengthened in a cellar. As a result, profits and general manager will remain unlikely. However, Kelox said it will continue to provide an additional annual percentage of 10 % (APY) as a reward for qualified placements.

APY will be granted to users who have money in a cellar before the statute resumes.

On April 15, Kiloex offered a 10 % bonus of the infiltrator who stole money from the platform. Dex said that the infiltrator can maintain $ 750,000 as a white hat bonus if they decide to return 90 % of the stolen money. He threatened the platform to expose the infiltrator’s identity and take legal measures if he did not comply.

Soon after, safety platforms informed the transactions indicating that Kiloex returned the stolen money. On April 18, Dex said it would withdraw all legal measures against the infiltrators and reward them with a 10 % White reward.