Balancer Recovery Proposal Outlines Allocation of 296 ETH

Balancer has proposed a plan to distribute 296.4 ETH recovered from an August 31 exploit among liquidity providers across 120 legacy pools. The allocation will be based on each pool's share of the total dollar loss at the time of the attack, using a snapshot from Ethereum block 25,872,248. Claimants must provide legal consent to release Balancer entities from liability to receive payments.