Balancer DAO Proposes $8M Recovery Strategy Following $110M DeFi Exploit That Reduced TVL by 66%

Balancer DAO has initiated critical discussions regarding an $8 million recovery plan after suffering a devastating $110 million exploit that slashed its Total Value Locked (TVL) by approximately two-thirds. The decentralized autonomous organization is evaluating comprehensive compensation strategies for affected users while implementing enhanced security measures across its DeFi protocol. This security incident represents one of the most significant vulnerabilities discovered in Balancer's automated portfolio manager and liquidity provider platform, prompting immediate community governance participation to address fund recovery and future protocol safeguards.