Moonwell outlines compensation measures and ecosystem integration to address $1.78M loss from oracle error, uniting MFAM community with WELL governance and funding payouts via treasury and protocol income.
Moonwell has released a recovery plan following a $1.78 million bad debt caused by an oracle misconfiguration. The strategy includes integrating the MFAM community into the WELL ecosystem, immediate partial compensation from the Apollo Treasury, and ongoing reimbursement using protocol income. MFAM holders and stkWELL stakers will be compensated at a 1:1.5 ratio, aiming to offset losses, streamline governance, and reinforce operational stability.