# PIP-59: Proposal for Returning 40.203 wETH to Bybit (After 10% Bounty Deduction) **URL:** \ **Category:** Governance Proposals\ **Created:** [March 3, 2025, 7:39am UTC](https://gov.velora.xyz/t/pip-59-proposal-for-returning-40-203-weth-to-bybit-after-10-bounty-deduction/2065 "2025-03-03T07:39:30Z")\ **Posts on this page:** 1\ **Showing post:** 71
**Author:** ![SEEDGov](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.velora.xyz/seedgov/32/765_2.png) [@SEEDGov](https://gov.velora.xyz/u/SEEDGov)\ **Post date:** [March 13, 2025, 3:53pm UTC](https://gov.velora.xyz/t/pip-59-proposal-for-returning-40-203-weth-to-bybit-after-10-bounty-deduction/2065/71 "2025-03-13T15:53:33Z")
As @Bybit does not have the minimum voting power required to submit the proposal, we have offered to submit it with our delegation wallet to facilitate a smooth governance process as the fee distribution period for this epoch is approaching and this issue must be resolved by then. Voting starts on Saturday 15th March, thus complying with the 2-day frozen period, in accordance with the [new PIP Lifecycle](https://gov.velora.xyz/t/pip-57-pip-lifecycle-improvements/2013#p-5021-h-5-pip-lifecycle-9) recently [approved](https://snapshot.box/#/s:paraswap-dao.eth/proposal/0x67cac618feeaf5ad093533e53695fab94dcaf51319b562ff4c02337a07713def). Voting ends on Thursday 20th March. [https://snapshot.box/#/s:paraswap-dao.eth/proposal/0x135921e5304462fbfbec415a817aa64af7bed730687ad867a79f77ca6bfed8c4](https://snapshot.box/#/s:paraswap-dao.eth/proposal/0x135921e5304462fbfbec415a817aa64af7bed730687ad867a79f77ca6bfed8c4) --- _[View the full topic](https://gov.velora.xyz/t/pip-59-proposal-for-returning-40-203-weth-to-bybit-after-10-bounty-deduction/2065)._