Hey admin the numbers are changing right? last time I

Question

Hey admin the numbers are changing right? last time I

saw the 10% remaining from category 3 was added into total amount for treasury grant, but now it doesn't show anymore. So people who lost in cat 3 will get back 90% and the 10% will be not recovered ?

#cryptocurrency #english #kybernetwork

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08.02.2024

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Mikaelson · Accepted Answer

Hello. From our maths, the amount of grant a cat 3 affected person eligible for, is the difference between the value of their LP at the time of the exploit and the value of their recovered asset at the time it was open for claim. If your loss was valued at $100k at the time of the hack, you recover 90% of that, that should be $90k, and you can apply for a $10k grant, if at the time the claim was open, the value of the 90% had gone down to say $85k, you’d be able to apply for a $15k grant. However, if the value of the 90% increases to say $95k, you’d be eligible for $5k grant, and if the value of the 90% goes to or above the original $100k, you won’t be eligible for the grant.

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