Despite a $12 million crypto loss from an exploit, JPEG’d, an NFT-backed loans protocol, is taking proactive steps. After recovering 90% by paying a bounty, the DAO is now exploring an option to distribute losses, showing a commitment to users. Plans for pETH replacement and asset distribution reflect the protocol’s resilience and user-focused approach.
Curve Crisis Averted, NFT Loans Protocol Now Votes on Next Steps
