Balancer’s V1 recovery proposal would distribute 296.401711 ETH returned after the Aug. 31 exploit among liquidity providers in 120 legacy pools. The attack drained tokens worth about $1.39 million at historical prices, but the proposal does not state a recovery percentage or promise full reimbursement. It would allocate ETH to pools according to their shares of the dollar-denominated loss, then divide each pool’s amount among liquidity providers using holdings recorded at Ethereum block 25,872,248, immediately before the first exploit transaction. The Sept. 18 proposal lacks pool tables, holder lists, per-address amounts and a Snapshot vote link. If approved, claim data and a payment mechanism would be published, with claimants required to release Balancer-related entities from liabilities. The recovered assets remain separate from the proposed wind-down distribution for BAL holders.