zkLend announces compensation plan: after team donations, the total funding gap is reduced to approximately US$9.013 million

PANews reported on February 20 that zkLend announced a compensation plan. Deposits in unaffected pools are expected to receive a full refund, and deposits in affected pools will receive a partial refund as well as the zkLend recovery pool's claim positions. The withdrawal process is expected to begin within 2 weeks after the recovery claim portal is reviewed. Repayment will be paid in full from the available liquidity in each unaffected pool. If an unaffected pool is short (due to relatively high utilization), it will be supplemented by the remaining liquidity in other unaffected pools to make up for the shortfall. All accumulated surpluses of unaffected pools will be liquidated and distributed proportionally to each affected pool, and partial repayments will be made proportionally based on the remaining liquidity of each pool plus such reallocated (socialized) surplus.

zkLend said that after the team's donation, the total funding gap was reduced to approximately US$9,013,101.72323417.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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