Refund Process for the Recovered Amount

Refund Details

• Total Vault Value: 2,853,346 USDC
• Current Recovered Value: 1,121,538 USDC
• Payout Ratio: 39.30%(Current Recovered Value/Total Vault Value)

The Total Vault Value represents the entire asset value of the pool, including the value of all user accounts. Each account’s value was calculated by factoring in collateral assets, position values, and AALP values.

Notes on Recovery Calculations

• Position and AALP values were captured at the snapshot date(10/27 1 PM UTC) to ensure accuracy.
• Fees for closing positions were not deducted, maximizing the value for each position.
• All user assets have been converted to USDC to ensure precise and efficient distribution of refunds.

How to Claim Refund

To claim your refund, please visit the Refund Claim Page and connect the wallet associated with your deposits. This will show your eligible refund amount, and upon clicking “Claim,” the refund will be transferred directly to your wallet.

If you encounter any issues with the process, please visit our Discord to open a ticket.

Remaining Process

We remain dedicated to recovering the exploited funds and will continue striving to return as much as possible to affected users. The community will be updated on the recovery process, and we will announce distribution details for any additional funds acquired. Thank you for your patience and support as we work through this process.