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There was a security vulnerability in the GMX V1 codebase that was disclosed. GMX V1 forks were also safely notified.
We would like to recognise the actions of 0xDF3340A436c27655bA62F8281565C9925C3a5221 in this recovery. A potential exploitable amount of $42 million belonging to GLP holders was secured.
After payment of a $5 million bounty to the user, the remaining funds are now safely in the GMX Security Multisig.
Contributors are working on a proposed distribution plan for presentation to the GMX DAO and will share more information shortly.
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