The compensation pool is now available

The compensation pool(12/30) is now available, and eligible users can claim their share.

Who is Eligible？

All users who supplied in the V1 Crypto pool but were unable to withdraw their assets after the attack. Their relevant wallets will be eligible to withdraw funds in the compensation pool.

How much are you eligible for?

As of December 28, 2021, the revenue in Vee.Finance is equivalent to 24,475 USDT. And we have supplied all the retrievable revenue into the compensation pool. The eligible users can withdraw funds according to their share.

The number of tokens supplied has been calculated as a percentage of their dollar value and the token price based on a snapshot as of December 28 EST.

*3.72 WETH

*0.12 WBTC

*2,745.26 USDT

*4.4 AVAX

*26.83 LINK

Meanwhile, Tejas Shinge, VeeFinance CEO personally funded the repayments of all QI, PNG, and XAVA lost in the hack, as the recent volatility of the digital asset market brings additional risks to the asset value.

How to claim your share?

1. Go to the Compensation page (https://v1.vee.finance/dashboard/compensation). Then connect your wallet, and you will see the “Withdraw” Button on the Compensation page.

2. Click “Withdraw” to claim your share. If you are not eligible, the “Withdraw” button will be disabled.

3. After the transaction is confirmed, you can return it to your wallet to check the transaction and balance.