PGov Delegate Platform

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IP-59: Proposal for Returning 40.203 wETH to Bybit (After 10% Bounty Deduction)

We voted For: We are in favor as this is the ethical thing to do in our opinions and the 10% bounty is in line with general practice. We gave some more thoughts below, but given this is also not that much funds, the easy and simple correct thing to do is return.

PIP-59: Proposal for Returning 40.203 wETH to Bybit (After 10% Bounty Deduction)

This is one of the first times we’ve seen a proposal like this, and frankly, it’s quite impressive. Kudo’s to the Bybit team for tracking down all these avenues to try and return lost customers’ funds. For the vote itself, now following a 10% bounty deduction, here are some thoughts: Returning the funds would certainly be seen as a demonstration of our dedication to ethical standards and industry-wide efforts to combat cybercrime. Overall, additionally, this amount is rather negligible and we …