Osmosis proposes community pool and seized assets to restore allBTC peg
The Cosmos-based DEX Osmosis has introduced a governance proposal to restore the Alloyed BTC reserve. The plan involves seizing 22.65 BTC frozen in an attacker's address and utilizing the Osmosis community pool to cover the remaining 17.19 BTC deficit.
Summaries are written by AI from the original article. Not investment advice.