making other losses whole, I would accept it as many other staked bnb lp holders are still waiting for compensation without any news or clarification.
But as for now all I see unjustified haircut on abnbc lp holders at wombat and ankr staying quiet about other bnb lp holders in wombat and their compensation.
I hope we see ankr do the right thing and do their best to make it right. If that is the cost of my haircut then may that be so. But as it is now that is yet to be seen.
As for the argument of impermanent loss, well wombat was designed in such way to mitigate that by keeping each lp separate. And if we follow the logic of bearing loss responsibility by the way of IM to lp holders, then why should ankr even compensated anyone in the first place? The responsibility of loss here lies simply in the fact that ankr did not secure their key and someone printed abnb. So either they are fully responsible or they should not be held responsible at all? And we know the answer to that question already.
I guess it is becoz they need to match the BNB staked at their validator node. But if that is the case, they should compensate other token holders such as BNBx based on coverage ratio too so that they remain “consistent” and fair.
Exactly, I would be real surprised to see them compensating anyone beyond 1 to 1 coverage. But less is ok right? But again let's see how other lps are compensated because it would definitely changed my opinion on a haircut loss if they apply the same coverage logic for other bnb lp losses.
If it is based on the coverage ratio logic, aBNBc and BNB LP holders will get <100% while BNBx and stkBNB holders will get >100% Again, my guess is that the compensation to aBNB holders is not “real compensation” but rather reissuance of new token as ur BNB is still safely staked at Ankr validator node. Therefore they don’t need to fork out any funds to compensate aBNB holders. And this is why u only get 98.5%. If u get 100%, it means they need to buy 1.5% BNB and stake at their node.
Tbh, this makes ankr team look unskilled. Nice catch. This said, If I get any of my money back I will be more than happy.
You might very well be correct that they want to limit their exposure and try their best to not purchase any additional bnb yo cover the losses. But this is exactly what they need to do if they really intend to make people with losses whole. Because the losses extend lot more than simply abnbx losses. So they have to liquidate their tresury in order to make up the difference. If this is not the case then all the discussions about making people whole and 100 full compensation was never the plan. Simply a distraction while people wait for their haircuts and IM losses being framed as responsible instead of negligence by ankr.
Nah, he is not. This is clearly a mistake on ankr side. I doubt It will be fixed. Ankr mods are not technical, so forget about this issue being properly reported. And It is not worth It for the actual devs who probably work just for money to reissue this 1.5%
Well then I hope at the very least they make whole other wombat lp holders who lost everything holding bnbx stakebnb and wbnb because of the exploit. They deserve full compensation same as abnbc lp holders. Because these are people savings and some people are in great distress. I don't like how they gave a haircut after promising 100percent. Which I take a indication that other things they said may not come to result in real compensation. But I hope to be proved wrong here.
Ungrateful…. Smh, you could sitting on a 100% loss…. Also, you do know this is crypto right?!?
There is a clear bad actor how hacked and an organization who decided not to use multisig for their token admin key against the recommendation of their auditors. You choose to put the blame on a lp provider on a Dex for their losses and call them ungrateful? Crypto is not to be blamed here. The parties involved and their negligence does t need to be rediacussed. Go away if you don't have anything constructive to add.
We actually compensate those on Wombat, those have aBNB at the time and before the exploit.
What about , those who bought after exploit....?
Why , scammer make it honeybot or u guys sell last 10 bnb make it honeybot?
Rpy my questions...don't cheating us...
We don’t cover those purchasing after the exploit.
We are waiting for the announcement of compensation for LP Wombat holders - BNBx, stkBNB, WBNB
Pls keep waiting for our information. Will keep you posted. read it https://t.me/ankrnetwork/493092
What about for BNBx holders?
Please read https://t.me/ankrnetwork/493092
So far I don’t have any updates about BNBx and stkBNB. Will let you know if any.
this is extremely important information for the entire community and you should clarify this as early as possible
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