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Harvest FinanceHarvest Financeby0x252E7E8B9863f81798B1fEF8CfD9741A46De653C0x252E…653C

Flashloan Attack Reparations Poll

Voting ended over 5 years agoFailed

🙋‍♀️ After getting many suggestions from the community, these are the options for reparations for USDC and USDT depositors that have been laid out.

Work is underway to build a snapshot claims portal and distribute back the 2.5M, which will bring the drawdown to ~13.5%.

For further reparations to make amends with the victims of the economic attack, the community has suggested the following solutions, each with pros and cons.

Option 🍓 Create an IOU token for USDC/USDT depositors that feeds a percentage of profit sharing cashflow and a percentage of weekly emissions to reparations pools, up to the amount lost in the attack.

Option 🍒 Don't create an IOU token, USDC/USDT depositors would take the ~13.5% loss. Dedicate all dev time and resources to the existing roadmap.

This is a snapshot poll to determine the next steps the community wishes to move forward. Once a direction is determined, a subsequent poll will determine the exact parameters.

In both cases, risk mitigation, and getting the tractor back up and running will be prioritized.

🚜 Votes are live. Polls are open until Oct 31, 3am UTC ~48 hours from now.

Off-Chain Vote

🍓 Create IOU token
0 0%
🍒 Don't create IOU token
0 0%
Download mobile app to vote

Timeline

Oct 29, 2020Proposal created
Oct 29, 2020Proposal vote started
Oct 31, 2020Proposal vote ended
Oct 26, 2023Proposal updated