As many people I guess I have a certain quantity of GLP tokens in the Arbitrum V1 pool that have recently lost more than 90% of their value. What should or must I do now? Should I simply wait for news? It is quite impressive that there was no communication sent at all to everybody.
1 Like
You indeed don’t have to do anything, for now.
There have been updates on all GMX’s communication channels, however. For the recent announcements from GMX about the redistribution plans, please see:
Twitter: https://x.com/GMX_IO
Telegram chat: Telegram: View @GMX_IO
Telegram Announcements: Telegram: View @GMX_Announcements
Discord: GMX
You can also refer to this thread here, on the Governance forum:
I must admit I’ve been trying to follow the updates regarding the refund process. I see that some decisions have already been made by the DAO, but I’m still unsure about when I’ll actually be reimbursed
As the next step, users impacted by the disclosed vulnerability in the Arbitrum GMX V1 deployment will soon have access to their distribution of GLV tokens. These GLV tokens will be claimable by GLP holders through an easy-to-use claim contract hosted on the Stake page of the dapp. Claiming from the distribution contract will include signing an on-chain transaction releasing the GMX DAO and affiliates of further claims.