Honeyswap reimbusement (1/2)

Proposal Information

Proposal description:

All the addresses that lost their funds during the honeyswap hijack got reimbursed by the Reimburser DAO after few days of the hack. We could do it that quick because we combined Blockscout and Tenderly data and EVMcrispr to build the bulk reimbursement transactions. This proposal returns half of the funds used to buy the tokens that got reimbursed.

Proposal Rationale

We wanted to have a quick response to return the funds to the damnified addresses, so we advanced the money to buy back the tokens. This proposal requests half of funds used, we will do a second proposal to request the other half when we know the exact amount of honey sold to make $30k.

Expected duration or delivery date (if applicable):

N/A

Team Information (For Funding Proposals)

N/A

Skills and previous experience in related or similar work:

N/A

Funding Information (For Funding Proposals)

Amount of HNY requested:

300 HNY

Ethereum address where funds shall be transferred:

0x946fF42F745b2573c540fDAaE584e3DE48bE77C0

More detailed description of how funds will be handled and used:

We are selling $1000 worth of HNY per day until we reach $30k to pay the cost of the reimbursement.

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Hey sem, are the HNY market sells from this reimbursement finished?

Yes, the total of sold honey has been 500, at an average cost of $60/HNY. I didn’t sell more than $1,000 per day.

1 Like