🥷💰🥷The legacy Ribbon DOV vaults from Aevo were exploited for an amount of $2.7 million💸💸💸

— After the oracle update. 🔮☠️$AEVO ☠️

wrote the Team 🗯️

"🗯️We are proposing to prioritize active users, granting them a smaller reduction in advance"

."🗯️Given the expected dormancy rate, there is a good chance that users who withdraw during the claim window will end up becoming whole after the final distribution."

🚨 The claim window will last six months, from December 12 to June 12.

After this date, the DAO will liquidate the remaining assets and distribute them to users who withdrew earlier, compensating up to the 19% missing or as much as the remaining available.

The team observed that the DAO

🗯️ "never promised or offered insurance on deposits".

☠️ stay alert ☠️