Rho Markets Launches Compensation Program for Recent Security Incidents, Provides RXP Markup on Supply and Lending Activities

Odaily News Scroll ecological lending platform Rho Markets announced on X that it has completed the analysis of recent security incidents and implemented a protection plan to prevent similar incidents in the future. In addition, Rho Markets has introduced the RXP Compensation Boost compensation plan for the community, providing suppliers with a three-day bonus of 3 times the interest rate and borrowers with a three-day bonus of 4 times the interest rate based on the users asset supply and borrowing activities on Rho Markets during the incident. According to previous news, Rho Markets published a statement on X that in the future the team will introduce more third-party partners to strengthen security measures, including on-chain data monitoring and smart contract audits. In addition, the official will strengthen internal security measures, such as multiple internal reviews and strict simulation environment testing before the mainnet is launched.