Radiant DAO Proposes Compensation Plan for Wallet Losses

$8.9 Million in Reported Losses

According to Radiant‘s internal estimates, about $7.7 million was lost in the final quarter of 2024, with another $1.2 million lost in early 2025. These losses came from users who left an “unlimited approval” setting on, which gave Radiant’s smart contracts open access to their wallets. Hackers exploited this by hijacking the contracts and moving funds without user permission.

To address this, Radiant has suggested a refund plan. Users would receive part of their missing funds back, paid out over time through a special claim system. The refunds would be given in stablecoins (crypto tokens that follow the price of real-world money like the U.S. dollar), and very small balances under $10 may not be eligible due to high processing costs.

Claims Will Be Handled Through a Web Portal

Radiant plans to launch an online platform where affected users can check if they qualify, and later file a claim. The system will be built in stages, starting with a “view-only” tool before enabling real claims. Each users payout will be based on their share of total losses.

Payments will happen gradually, depending on Radiants available funds. If the project successfully recovers any stolen crypto in the future, it plans to divide that money fairly between affected users.

Community Approval Still Required

The compensation plan still needs a community vote to move forward. If approved, Radiant will begin building the claim system and continue updating users as progress is made. The repayment process may take years and could be delayed if Radiants partners fail to support the funding.

This plan follows earlier efforts by Radiant to refund other groups of users impacted by past platform issues. Affected users and community members are encouraged to follow updates on Radiants official channels.