🙋♀️ 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.