Abstract

JPEG'd DAO recovered 5,495.4 WETH related to an exploit of 6,106 WETH of the pETH/ETH Curve pool. This PIP approves costs related to the recovery of 5,495.4 WETH.

Background

The JPEG'd DAO incurred costs related to recovery efforts that are from on-chain analysts tracking transactions/address owners, security firms, and ZachXBT.

The on-chain analysts charged 50 ETH for data helping us track and recover funds, paid only if there was a recovery. The security firm charges 25k USDC for their services, and ZachXBT would receive 25k USDC for his efforts.

Specifications

Approve the expenses of the recovery costs Use the treasury to transfer 50 ETH, 25k USDC, and 25k USDC to the parties identified above