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Prisma FinancePrisma Financeby0xcaD9653550286Eb1D4779D622A6a5218b446b57CPrisma Finance

[PIP-040] Victim Relief Proposal Initial Distribution Disbursement Method

Voting ended almost 2 years agoSucceeded

Two methods for the disbursement of the initial payment have been suggested and are up for vote:

  1. Pro-rata distribution of the amount decided in PIP-039
  2. Equal sums of the amount decided in PIP-039

Pro-rata refers to the disbursement being split according to the losses incurred by each wallet.

Equal sums would see the the amount decided in PIP-039 split into equal parts, after making some of the smaller accounts whole. For example, if 30% was chosen in PIP-039 - 676,748 mkUSD - that would represent 157 wstETH at today’s prices. This would work out to 9 wstETH per wallet, however two of the wallets lost less than that amount. Paying them in full and distributing the remaining ±151 wstETH would send ± 10 wstETH to each of the remaining wallets.

Governance proposals https://gov.prismafinance.com/t/prfc-victim-repayment-plan/171/22 https://gov.prismafinance.com/t/prfc-victim-relief-proposal-v2/180/25 https://gov.prismafinance.com/t/prfc-victim-relief-proposal-v3/189/27

Off-Chain Vote

Pro-Rata Distribution
16.81M vePRISMA32.2%
Equal Sums
35.33M vePRISMA67.8%
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Timeline

May 24, 2024Proposal created
May 24, 2024Proposal vote started
May 27, 2024Proposal vote ended
Jan 11, 2025Proposal updated