[Progress on the Balancer Security Incident: DAO Begins Discussion on $8 Million Recovery Plan] According to CoinDesk, weeks after the Balancer v2 vault suffered a major exploit resulting in the loss of over $110 million, the Balancer DAO has begun discussing a plan to allocate approximately $8 million in recovered assets to affected LPs. The proposed plan includes structured rewards for white-hat hackers and compensation for users based on snapshot data of user pool assets at the time of the exploit, in line with the 'Safe Harbor Agreement.' The agreement stipulates a maximum bounty of $1 million per incident, with white-hat hackers required to complete full KYC and sanctions screening. Several anonymous rescuers on Arbitrum have waived their bounty claims. The recovered tokens span networks such as Ethereum, Polygon, Base, and Arbitrum, with liquidity providers to be compensated proportionally based on the tokens they originally provided and the respective pools. A claims mechanism is currently under development, and if the proposal is approved, users will need to accept updated terms of use. Additionally, $19.7 million worth of osETH and osGNO recovered by StakeWise will be handled separately; $4.1 million recovered internally in collaboration with Certora does not qualify for bounties due to prior agreements. This exploit was caused by a smart contract vulnerability, marking the third major security incident for Balancer, which led to the total value locked (TVL) plummeting from approximately $775 million to $258 million, while the value of the BAL token dropped by about 30%.