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Error: 基础连接已经关闭: 服务器关闭了本应保持活动状态的连接。 FAQ: Nexus Mutual and Arcadia Finance Exploit

Frequently Asked Questions About Nexus Mutual’s $250,000 Reimbursement to Arcadia Finance Victims

Question 1: What happened with Arcadia Finance?

Answer 1: Arcadia Finance suffered a $3.5 million exploit, which led to significant losses for its users. The incident occurred on the Base blockchain, and it was one of the largest hacks on that network.

Question 2: Why did Nexus Mutual pay $250,000 to the victims?

Answer 2: Nexus Mutual, a decentralized insurance platform, paid $250,000 as part of an insurance payout to reimburse users who lost funds due to the Arcadia Finance exploit. This is considered one of the first major settlements on the Base blockchain.

Question 3: When will Arcadia Finance’s recovery plan be implemented?

Answer 3: Arcadia Finance’s recovery plan is still weeks away from implementation, which means users may have to wait longer before they receive full compensation through the project’s own recovery efforts.

Question 4: How does this affect the Base blockchain?

Answer 4: This event highlights the growing importance of insurance solutions in the DeFi space, especially on emerging blockchains like Base. It also shows that even new platforms can face serious security challenges and need robust risk management tools.

Question 5: What should users do if they were affected by the exploit?

Answer 5: Users who were affected are advised to stay updated with official announcements from both Arcadia Finance and Nexus Mutual. They should also monitor any future updates on the recovery plan and consider seeking legal or financial advice if necessary.