PANews reported on January 27 that in response to the $58 million attack in October last year , the multi-chain lending agreement Radiant Capital posted on the X platform on January 25: “After multiple rounds of collaboration and mediation, the community-initiated RFP-47 (also known as the remediation plan) has been formally submitted to Radiant DAO for a 14-day vote.

The proposal, based on the direction informed by a 14-day community survey, details how funds would be allocated to remediate the hacked core market deposits on the Arbitrum and BNB chains, but does not mention how those funds would be raised.

Additionally, the proposal does not address the issue of unlimited grant loss. The inaugural community committee (pending approval by an upcoming DAO vote) will submit separate proposals in Q1 2025 to seek community guidance on funding, remedies for unlimited grant loss, and other related decisions and activities.”