Anger as Harmony Proposes Minting Five BILLION New Tokens After Horizon Bridge Hack | CoinMarketCap

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Anger as Harmony Proposes Minting Five BILLION New Tokens After Horizon Bridge Hack | CoinMarketCap
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Harmony is facing a backlash as it tries to recover from the $100 million hack of the Horizon Bridge. 👀

"You can't print more tokens out of thin air and expect me to essentially pay back those affected by the hack," one disgruntled user says.Harmony is facing a backlash as it tries to recover from the $100 million hack of the Horizon Bridge.

Harmony says it takes reimbursing affected wallets seriously — and has now invited the community to give their feedback. Unfortunately, this feedback hasn't been all that positive. Others fear generating billions of new tokens would ramp up inflationary pressure to unsustainable levels, and hit the value of ONE in the long term.

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