Ankr Pledges $3M More to Wombat Exchange Victims of $15M Attack

More Relief for Stader, pStake Users

Ankr Staking has pledged $3 million more in funds to users affected by the $15 million exploit that occurred in December 2022. The staking protocol has partnered with the Wombat Exchange ecosystem to help further compensate users of the pStake and Stader pools.

?Important update for affected $BNBx & $stkBNB LPs ?

Ankr has provided a compensation update, learn more in the thread below. Stay tuned for further updates. https://t.co/EiWieSZixC

— Wombat Exchange ?? (@WombatExchange) April 19, 2023

In December, Ankr reimbursed 100% of funds lost in 17 of 19 protocols, with users of the two remaining protocols – pStake and Stader – receiving 50% relief.

Ankr’s relief efforts are in partnership with Wombat Exchange and yield-boosting platforms Wombex Finance, Magpie XYZ and Quoll Finance.

The relief will be delivered via the $ankrBNB pool on Wombat Exchange and consists of equal parts of $ankrBNB and $BNB. Compensation is withdrawable after one year, during which time victims can withdraw staking rewards.

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What is Wombat Exchange:

Wombat Exchange is a multi-chain stableswap focused on fueling DeFi growth and promoting its product’s scalability, accessibility, and efficiency in the multi-chain space. The protocol allows users to swap stablecoins at minimal slippage and stake at maximum yield.

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What is Ankr Protocol:

Ankr is a decentralized Web3 infrastructure for a better Web3 world. The protocol provides the most powerful multi-chain toolkit to access blockchain infrastructure, earn yields, and integrate DeFi solutions.

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