Compensation for users that purchased SYRUP token

We’re proposing possible compensation for users that purchased SYRUP tokens and were still holding them in their wallets or staking them in an LP at 8pm SGT on November 3rd 2020, shortly before the announcement that the SYRUP token would be discontinued on the platform.

Compensation would be taken from the DEV address, meaning the tokens would be distributed instead of burned until the amount of compensation reaches the required amount.

The amount of CAKE compensation distributed to eligible wallets would be proportional to the amount of SYRUP they held or staked in LP at the time detailed above.

Any wallet addresses that either attempted or successfully generated synthetic SYRUP via the exploit will be blacklisted from receiving any form of compensation regardless of their SYRUP holdings.

If compensation is approved then there will be a second vote to determine the total amount of compensation that will be provided. The options will be 100k CAKE, 250k CAKE, or 500K CAKE.

The reason for splitting this decision across two votes is to ensure that the “No compensation” vote is not unfairly advantaged, by diluting the pro-compensation votes among different amounts.

So we leave it to you, the CAKE holders, to decide. Should users that purchased SYRUP tokens be compensated?