Response + Recovery: Recent Slashing Incident on Oraichain Mainnet Recently, Stakement, a major validator on the Oraichain mainnet, was tombstoned and slashed due to a double-signed transaction caused by operator error. The Oraichain Foundation, after assessing the situation, has determined it was a validator error and will compensate all affected delegators with an ORAI token airdrop. Delegators will receive clear instructions for eligibility. This serves as a reminder that delegation is not passive and demands vigilance in monitoring validators' performance. 📍The Snapshot was taken at block height 12,599,783 📍All Stakement delegators must undelegate or re-delegate tokens by 3:45 AM, 21 July, 2023 (UCT). Note that you can avoid a 14-day unbonding period without rewards by re-delegating. 📍The Foundation will compensate all losses 1:1 from its allocation, airdropped to users Oraichain address. Read More: https://blog.orai.io/response-recovery-recent-slashing-incident-on-oraichain-mainnet-f693495b1cb8