Stablecoin protocol Raft has released a compensation plan for the recent hack. Raft will compensate victims using 3,963,192.62 DAI from the stable protocol module (PSM) based on the snapshot at block height 18572928. To be eligible for compensation, users must meet the following requirements:

1. Holding requirement - users must hold R at the time of the snapshot.

2. Trading activity restriction - users must not have traded R after the hack.

3. For MEXC users, they must provide proof of holding R within their MEXC account prior to the hack.

Earlier this month, Raft suffered a hack on November 11th, resulting in a loss of 1,577 ETH, worth approximately $3.3 million at the time.