Fernando Martinelli, the CEO, and Founder of Balancer Labs on June 30, 2020, responded to an incident where $500,000 worth of digital assets were lost saying the team would have done better and will now reimburse losses incurred by the affected liquidity providers.  Balancer Labs Reimbursement a Move in the Right Direction Acknowledging that the

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Source and More information: DeFi Protocol Balancer to Reimburse the Losses of Liquidity Providers

Author: BTCManager.com