Bonzo to Restore Pre-Exploit Positions with Hedera Backing

Bonzo Finance will restore user losses from an oracle exploit with funding backed by the Hedera Foundation, covering pre-exploit positions via a dedicated recovery program. Lend remains paused as new Hedera-based redemption contracts undergo Halborn audits and security testing before deployment. The recovery is separate from smart contracts, and no action is required from users. This Hedera-backed initiative highlights ongoing DeFi security enhancements and the push for audited, secure recovery mechanisms on the Hedera mainnet.