On May 11, Syndicate announced on the X platform that all affected SYND holders on the Commons Chain have received full compensation regarding the Syndicate bridge security incident, along with an additional payout of 15% of the total losses. The relevant funds have been directly sent to the affected users' Base chain wallets, with gas fees covered by Syndicate Labs. The total compensation amounts to 12,901,000 SYND, with no need for any claim submission process.
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Syndicate Completes Compensation for Bridge Security Incident Holders, Plus Additional 15% Payout
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