Users Who Purchased DEI
During the May 5 Incident
Reimburse cost basis
As detailed in our past announcements, The DEUS team has pledged to reimburse the cost basis for those users who purchased DEI during this incident.
Reasoning
to reimburse those who tried to profit from the Incident
As the nature of the exploit was such that it prevented us from divulging specific details, to deter potential copycat attempts. We are aware that our communication during this period may have appeared unclear to some, despite our repeated advisories not to interact with the contracts. Therefore, we consistently conveyed our intent to compensate the cost basis for all affected users, barring a few exceptions.
Exclusions
Those who capitalized on the incident, those who exploited the flaws in the DEI contract, and those demonstrating malicious intent will be exempted from this reimbursement scheme. While we choose not to disclose the complete specifics of our investigative process, we thank you for your understanding and cooperation in this matter.
how exactly will the long-term reimbursement work?
What can someone do with his bDEI?
The option to retain your bDEI in anticipation of a potential recovery of additional USDC. Alternatively, users can migrate their holdings to SYMM or DEUS, thereby making it liquid and sellable but also eligible to earn protocol profits in the future. More details on this process are elaborated upon in a subsequent section of the Gitbook. SYMM / DEUSmigration
An explanation to why bDEI should be migrated and cannot earn protocol profits as bDEI is detailed here bonded DEI (bDEI)
The links to the announcements and detailed procedures can be found below:
[Announcement Links] [Gitbook Section Links]
Thank you for your continued trust and support in DEUS as we strive to rectify this situation and safeguard our community's interests.
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