This proposal, if approved, will transfer 25,000 USDT to 0x85ad712989eF693FdB0319F3322eCBB9D9426Bc1 - the address of the whitehat who successfully identified the potential manipulation of our price oracles.
This is the highest payout for a high tier bug bounty, which also matches the lowest reward for a critical payout - we have classified this bounty as high as although it was demonstrated that it was possible to manipulate the price oracle, our simulations showed that it would be infeasible to do so profitably.
The vulnerability was quickly mitigated shortly after being identified and no user funds are at risk.
A full post mortem written by Intergalactic CTO Jakub Panik can be found at https://jakpan.hashnode.dev/hydration-oracle-manipulation-post-mortem