According to Wu, GMX has announced that it has completed a compensation plan of approximately $44 million to compensate GLP holders affected by the V1 vulnerability on Arbitrum. Eligible users can now claim compensation through the GMX dApp, in the form of two types of GLV tokens (the composition includes about 25% WBTC, 25% ETH, and 50% stablecoins), which includes $2 million in support from the DAO treasury and $500,000 in incentives for holding GLV. The attacker in this incident accepted a $5 million bug bounty and returned the related funds. V2 was not affected by the vulnerability and is operating normally. GLP redemptions are expected to open in about 10 days.