Dollar of Origin compensation plan marks DeFi’s space maturity according to By Cointelegraph

The Dollar of Origin compensation plan marks the growing maturity of DeFi’s space

On Friday, Origin Finance’s decentralized finance (DeFi) fixed project announced a plan to compensate consumers affected by a $ 7 million exploitation in November – part of a broader trend by developers, consumers, and traders who have seen actors across the DeFi space embraces insurance more widely. products and others exploit backstage.

On November 17th, Origin Dollar announced that its stable product-bearing project suffered a $ 7 million flash loan attack. Although the attack is just another example of what it has been a brutal summer and fall for DeFi protocols facing hacks and feats, the Origin Dollar team response stands out for its attempt to fully compensate consumers.