PIP-75 - Fund request from a user claiming losses due to the March 2024 AugustusV6 vulnerability

We inform the community that the proposal put to the vote has been rejected by the DAO with 96.48% voting against it. Consequently, no funds will be transferred to the requester.

This decision also serves as a clear precedent for any potential future requests of the same nature, which will not be considered based on the precedent set by the DAO’s decision through this vote.

Thank you all for participating and voting.

The DAO has now decided that, as a result of a protocol-level vulnerability acknowledged by Velora, I will be left with the full financial loss, while all the other users affected by the same issue were reimbursed.

This outcome means that the community voted that I will bear the entire cost of a technical vulnerability that originated on the protocol side, solely because the loss materialized later in time.

From my perspective, this is neither fair nor consistent.

It is really possible that Velora team intentionally created the bug to steal user’s cryptocurrencies.

In any case, the platform is a complete scam.

I will file a criminal complaint against the platform as well.

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