zkLend announces compensation plan: After team donations, the total funding gap is reduced to approximately 9.013 million US dollars
zkLend announces a compensation plan, deposits in unaffected pools are expected to receive full fund refunds, while deposits in affected pools will receive partial fund refunds and claim positions from the zkLend recovery pool. The withdrawal process is expected to begin within two weeks after the review of the recovery claim portal. Repayment will be fully paid by available liquidity in each unaffected pool; if there is a shortage (due to relatively high usage) in any unaffected pool, it will be supplemented by remaining liquidity from other unaffected pools. All accumulated profits of the unaffected funds pool will be liquidated and distributed proportionally to each affected funds pool; partial repayment will be made proportionally based on remaining liquidity of each funds pool plus such redistributed (socialized) profits. zkLend states that after team donations, the total funding gap has been reduced to approximately $9,013,101.72323417.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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