TechFlow reported that Gamma has released a post-incident analysis and remediation plan following the security incident on January 4, with total losses amounting to approximately $6.18 million.
Gamma is currently collaborating with OpenZeppelin to audit the deposit proxy configuration to enhance contract security. The estimated time for reopening deposits is between 1 to 3 weeks.
Regarding the compensation plan, Gamma intends to create a compensation pool, where affected users will receive a corresponding share of USDC based on the platform's current annualized revenue.
Previous report: GammaSwap detected a potential vulnerability and has frozen the contracts.
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