KyberSwap, a decentralized finance (DeFi) protocol, has announced plans to provide financial support to users affected by a significant exploit that occurred on November 22, leading to a $48.8 million loss. To address this, KyberSwap is establishing a grant initiative from its treasury to compensate those adversely affected by the hack. The grants will match the USD equivalent of the assets lost in the security breach. This initiative demonstrates KyberSwap's commitment to its user community and platform security. The specific details and criteria for the grant are still being finalized, and KyberSwap has committed to providing more information within two weeks.
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