TechFlow news, on November 18, DeFi lending protocol HopeLend announced the launch of full compensation for users affected by its previous hacking incident. According to the official announcement, compensation will be distributed in major cryptocurrencies such as BTC, ETH, USDT, and USDC. All native HOPE tokens will be converted into these currencies based on their original minting ratio.
The compensation process consists of three steps: first, users must complete a repayment application form; then, the HopeLend team will verify whether the applicant's address is an outstanding debt address within the protocol; upon successful verification, funds will be directly transferred to the user without requiring any additional actions on the DApp. The official notice emphasized that the form submission deadline is within three months from today, after which no further applications will be accepted.
