Backpack: Users who gained profits from previous disorderly positions can dispose of their assets on their own, and users who lost will be fully compensated

Odaily Planet Daily News: According to official sources, Backpack has issued a statement regarding the incident of recharge lag and contract position disorder on July 3rd, stating: "There were a total of 5000 users trading on that day. When the position was disrupted, about 500 users profited and 500 users suffered losses due to this incident. After rolling back the code, we have decided that profitable users can dispose of their assets on their own, and lost users will be fully compensated. As of the publication, we have received a total of 410 compensation requests, processed 242 requests, and issued a total of $70000 in compensation. We expect the total compensation amount to be around $200000. We will provide double point compensation to all users who participated in trading on that day In addition, Backpack CEO Armani stated in a post, "Our exchange architecture is essentially a private, permissioned blockchain - designed from scratch for performance, verifiability, transparency, and efficiency. We did not fork any existing technology, but developed it ourselves from scratch