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RE: Deadpool: Bailout Proposal for wLEO Hack Fiasco

in #wleo4 years ago

Why all those complicated solutions?

  1. Return the safeguarded ETH to those wallet addresses
  2. Respect any wLEO before swooping up the ETH was done. Yes, this will result in a one-time ~15% inflation boost. Which sucks but at this early stage isn’t the end of the world either.

In #1 those people recovered their still available ETH, and the wLEO they had before their ETH was taken in custody is respected. In #2, the workings of Uniswap are respected and every LP received what could have happened even without hack.

Meanwhile, LEO is holding up very well.

Posted Using LeoFinance Beta