Here is the plan first to update the NAV and resume withdrawals/deposits in the gardens:
- Recoup as much collateral as possible from the fuse pool (400k)
- Finalize the affected strategies.
- Distribute the collateral between all the affected gardens proportionally.
- Adjust the shares of people that deposited after the hack to have them recover at least 90% of their principal.
- Adjust the NAV.
- Reenable withdrawals
As soon as the proposal reaches quorum, the team will start preparing and executing actions based on its emergency powers and the emergency of the situation.
See all the details in our Discord Channel.