PANews October 9 news: Ostium posted and announced its Phase 2 compensation plan, applicable to OLP holders who lost more than 1000 USDC and did not choose the expedited allocation. Category A is repaid in installments in USDC, with funds coming from recovered and future recovered funds and protocol revenue (first 50% of opening fees); Category B allows losses to be converted into Ostium Labs equity, valued at the next financing round's valuation. The Phase 2 portal will go live on October 30. Ostium was previously attacked in July, suffering a loss of 23.75 million USD.
Ostium announces Phase 2 compensation plan, with options for USDC installments or company equity.
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