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Vesper FinanceVesper Financeby0x606AFBd2e013202bF0454FcF3bFadD3Df6E671350x606A…7135

Recovery for VSP on Avalanche

Voting ended over 1 year agoSucceeded

Summary

13,600 VSP tokens are forever lost on Avalanche due to Multi Chain no longer being operable. VSP holders on Avalanche to automatically receive an equal amount of VSP tokens from the Vesper DAO Treasury.

Abstract

Prior to multi chain ceasing operations, Vesper community members bridged ~13,600 VSP to Avalanche. These tokens are now effectively lost, irrecoverable, and burned. This VIP proposes that any user holding more than 100 VSP on Avalanche is reimbursed from the Vesper DAO Treasury on a 1:1 basis.

Expectations

Use 13,600 VSP from Vesper DAO Treasury to refund users

Specifications

Create a list of wallet addresses and balances >100 VSP owed a refund.

Create a bulk send transaction to refund users of their lost VSP.

Off-Chain Vote

For
966.47K VSP99.9%
Against
0 VSP0%
Abstain
1.14K VSP0.1%
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Discussion

Vesper FinanceRecovery for VSP on Avalanche

Timeline

May 08, 2024Proposal created
May 15, 2024Proposal vote started
May 18, 2024Proposal vote ended
May 18, 2024Proposal updated