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So how will one do KYC? Why do you even

need kyc? Surely you just refunding the wallet that lost funds?

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The Treasury Grants program is separate from our permissionless product offerings, and as such, Qualified Affected Users who select an option to receive Treasury Grants will also have to complete a KYC process in order to receive Treasury Grants. This is to verify Qualified Affected User status, and to ensure compliance with Grant Terms. We are aware that this may concern some users, and we are exploring solutions such as zero-knowledge KYC and a possibility to only apply KYC requirements above a certain Affected Assets per Affected User threshold. We will follow up with another update on KYC requirements.

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