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SushiSwap to Launch Claims Website for Whitehat Funds Following Exploit
Claims will expire on April 23 and unclaimed tokens will go to SushiSwap’s treasury.
Decentralized finance trading protocol SushiSwap is preparing to launch a claims website for whitehat funds for the protocol's April exploit, pending an audit, SushiSwap Head Chef Jared Grey said Wednesday on Discord.
“Once auditors provide the all clear, we'll make the claim site available to affected users with funds held in our whitehat address,” Grey wrote.
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The announcement of the claims website’s launch comes shortly after the SushiSwap experienced a $3.3 million exploit last Sunday and promised to make its users whole.
Claims will expire on April 23 at 13:00 UTC (9 a.m. ET), according to SushiSwap. Unclaimed tokens will go to SushiSwap’s treasury.
CORRECTION: A previous version of this article conflated the protocol's Merkle contract for vested tokens for early liquidity providers with its Merkle contract for whitehat funds following the protocol's April exploit.
Read More: SushiSwap CEO Says He No Longer Feels 'Inspired' Amid U.S. Regulators' Crypto Crackdown
Elizabeth Napolitano
Elizabeth Napolitano was a data journalist at CoinDesk, where she reported on topics such as decentralized finance, centralized cryptocurrency exchanges, altcoins, and Web3. She has covered technology and business for NBC News and CBS News. In 2022, she received an ACP national award for breaking news reporting.
