TechFlow news: The Curve team has launched a proposal in the community to compensate JPEG'd DAO for losses incurred during the July hack, suggesting 6,042,462.25 veCRV tokens as compensation.
Currently, JPEG'd DAO has been added to the whitelist and is eligible to lock CRV, allowing them to lock CRV and use the resulting veCRV to participate in Curve governance.
Meanwhile, the proposal suggests that the compensation tokens be transferred from the Curve community multisig wallet to the Curve DAO, where a fully decentralized voting process will determine the final distribution.
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