AIP-221: Resubmission: Request to make Bored.eth whole from Rari Hack and frozen collateral

ABSTRACT

Because the Rari Hack resulted in the draining of reserves, all loans are underwater and users are no longer able to withdraw funds from loaned funds due to no fault of the author. Given that reality, the proposal seeks to rescue author with 39,170 Apecoin, the amount currently frozen in the Rari Fuse system. 
Bored.eth is a recent top 10 candidate for the Apecoin Special Council, Ape Owners, and heavy contributor to the Web3 ecosystem. He is most commonly known from his large presence on Twitter via the @boredelonmusk account.

Please find the original AIP submission here - https://forum.apecoin.com/t/aip-99-rescue-rari-hack-victims-with-frozen-apecoin-collateral-in-fuse-protocol/8100

OVERALL COST

39,170 APE

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-221-resubmission-request-to-make-bored-eth-whole-from-rari-hack-and-frozen-collateral/11114

The AIP implementation is administered by the Ape Foundation. Implementation may be immaterially or materially altered to optimise for security, usability, to protect APE holders, and otherwise to effect the intent of the AIP. Any material deviations from an AIP, as initially approved, will be disclosed to the APE holder community.