<ul><li>Alex Protocol launches Treasury Grant Program to reimburse users affected by an $8.3 million hack on June 6. The grants provide compensation in a combination of actual tokens and USDC equivalents based on the type of asset lost.</li><li>Impacted users can link their affected wallets to the official grant interface, review their compensation offers, and accept terms by signing an authentication message.</li><li>Reimbursement structure includes complete USDC compensation for STX holdings, 100% reimbursement in aBTC, and 91% reimbursement in aUSD, with the remainder in USDC at parity. Support payments will be made to eligible Ethereum addresses by June 17.</li><li>A community member speculates the hack may be related to a Stacks limitation. An earlier update mentioned payout amounts depend on average on-chain prices observed from 10:00 am to 2:00 pm UTC during the incident.</li></ul>

Alex Protocol Launches Treasury Grant After $8.3M Hack

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