- Proposal: PIP-59: Proposal for Returning 40.203 wETH to Bybit (After 10% Bounty Deduction)
- Platform: Snapshot
- Vote: FOR
- Reasoning: After careful consideration, we have voted FOR this proposal to return the requested funds. As we stated in our comment, Paraswap should not benefit or profit from a crime that may also happen to us, and in this sense all protocols should work side by side to reduce as much as possible the damage that hackers can do. We understand those who are concerned about more claims indicating that scammers have also used Paraswap to steal funds from them, nevertheless we consider this case to be quite different since it’s been verified the authenticity of the claim by an official account of Bybit, therefore the account that created this claim as we indicated in our comment is legitimate, unlike what may happen with other claimants. It would not make sense to face legal implications for keeping these funds and considering how they were originated while it is still possible to return them, not to mention that the protocol still wins by keeping a portion (40.203 wETH instead of 44.67wETH) from the HackBounty program as indicated in the proposal itself.