How it works

Created by Steve Woody, Modified on Thu, 6 Apr, 2023 at 12:16 PM by Steve Woody

Users affected by either the Formation Finance hack or theft will be granted access to the Reimbursement Pool.

This is a fund setup from the new profits of the new Every Finance treasury to look after eligible members.

Wallets that were affected will automatically see the reimbursement dashboard where they can view the total balance awarded as well as the share percentage allocated from the treasury. Each month the balance will be updated to show the total pay-out.

Users will not be required to do anything, the funds will be available in their account but if they would like to acquire additional shares to redeem their funds quicker they will need to provide liquidity on the new platform.

Details will be provided once this is live.
We expect this feature to be live in Q2 2023