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Venus Protocol to Compensate Verified Users Affected by WBETH Decoupling

The DeFi platform will use its risk fund to reimburse users impacted during the WBETH price divergence on October 10, 2025.

Summary

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Terms & Concepts
  • WBETH: Wrapped BETH, a tokenized form of staked Ethereum issued on Binance Smart Chain, representing Binance ETH staking positions.
  • Risk Fund: A reserve maintained by DeFi platforms to cover losses or reimburse users in the event of unexpected incidents affecting the protocol.