In response to the recent GLP V1 incident on Arbitrum, GMX DAO is launching the first phase of a community-driven recovery and protection initiative.
A dedicated interface is now available for users to:
This is a voluntary but necessary step in ensuring eligibility for potential future recovery, pending full technical and audit review.
As an immediate protective measure, all users are strongly encouraged to revoke token approvals associated with GMX V1 contracts. This can be done directly through the provided interface.
Revoking approvals will help prevent further exposure to known vulnerabilities and is part of GMX DAO’s broader user safety protocol.
GMX V2 contracts, tokens, and liquidity pools remain secure and are unaffected by the incident. We thank the community for its patience, cooperation, and commitment during this critical period.
– GMX DAO