TechFlow news, Avalanche ecosystem native stablecoin project Defrost Finance has released the specific process for returning stolen funds to users, stating that all V1 stolen funds have been fully recovered. The Defrost team will soon begin returning these assets to their legitimate owners prior to the attack.
The specific steps are as follows: 1. All ETH in the address will be converted into stablecoins (preferably DAI) at the on-chain market price; 2. All stablecoins will be transferred from Ethereum to Avalanche; 3. The team will begin scanning on-chain data to identify token ownership information prior to the hack, with detailed results to be announced after the scanning is completed; 4. A refund smart contract will then be deployed, allowing legitimate users to claim their assets in stablecoin form back to their original addresses.Original link
