inSure DeFi - Insurance Claim - USDC (Update Required for the Members Evaluation of the Claim)

Please include:

1. High-quality screenshots with responses from MakerDAO

2. Include details on the terms&conditions of their staking services.

3. Please provide the Publicly Provable information that users who deposited USDC can't withdraw USDC anymore. (official statement by MakerDAO?)

4. Name of the crypto token: USDC Link to Coingecko: https://www.coingecko.com/en/coins/usd-coin

5. Affected wallet address: 0x8A8a4e4b6075083E545402817c6d6b7Bf16887E6

6. Date of the incident: 9th October 2022

7. My email: tailwinddriver@proton.me

8. Further information

• Summary:

I have lost 178433 USDC that I have been staking on the DaoMaker platform.

• Details:

In March 2022, I have deposited 178433 USDC on the DaoMaker, because they offered 16% APY.

On 9th October 2022, I wanted to unstake my funds, but was not able to find the web page anymore. After contacting DaoMaker support, I was told that the funds have been converted to UST. And that they were not able to withdraw users funds manually and that they are lost due the collapse of the Terra Luna ecosystem.

Hilarious, that they claimed that they've informed their users by email in order to withdraw their stables before the crash. How is that possible, when they didn't even had my email...?

Name of platform: DaoMaker https://daomaker.com/

URL of stable farm page: inactive: https://daomaker.com/stablecoin-farms archived: https://web.archive.org/web/20220328234042/https://daomaker.com/stablecoin-farms

Date of deposit: 29th March 2022

Deposited amount: 178433 USDC

Transaction of deposit: https://etherscan.io/tx/0x5762e390f7973b01e3f77389540e21374c2fe00269f9fad3603b77a971a29aba

Insured amount: Up to $503999

Insurance token purchase: https://etherscan.io/token/0xcb86c6a22cb56b6cf40cafedb06ba0df188a416e?a=0x8A8a4e4b6075083E545402817c6d6b7Bf16887E6

Medium add for stable farm: https://medium.com/@leonid.metlyaev/dao-maker-stablecoin-farming-up-to-16-yield-with-erc20-stables-d8cd0349302e

Twitter add for stable farm: https://twitter.com/thedaomaker/status/1508439805272768519

Screenshots:

As the images below are not really visible, I have uploaded them to imgur: https://imgur.com/a/xt17RQA

Insurance plan:

Smart contract address that still contains the worthless aUST: https://etherscan.io/address/0xc6aa04d4e3507ec147ffe021a0899a4727a30349

Tickets - Conversation with DaoMaker support:

• Additional information:

I was not aware that my funds were going to be converted to UST. If I knew that, I would have been staking that money directly on Anchor protocol for 19%, as I did with another part of my stables. To avoid confusion related to UST transactions in my wallet, I will also post the link to my Terra address.

https://finder.terra.money/classic/address/terra14z36zg5hfl6h44u9hl3f6azupm8her7f42ayfj

• Important:

Do not confuse the token swaps of following deposit transactions with the unstaking of the lost USDC from the smart contract: https://etherscan.io/tx/0xb0d0c9d2dc48dad6a5fcfe1a814dfa0e27df70d12e363c9daa8c4bdb283ee947 https://etherscan.io/tx/0x6869bb86224877871295334ce04f1778183ce57cc5b0417cfb3cdac5c1f7df0a

In the details of the transactions it is clearly visible, that the source of the UST is the claiming wallet ....87e6 and the sum of the above deposits is the same amount that has been manually withdrawn from Anchor protocol in this transaction: https://etherscan.io/tx/0xabd05bb4b5dfc8bab6c5cea2ba2c3826a7e164d6a253aff292769e226da891c0