Use this form to submit your claim for a partial return of funds. Each non-ZRG depositor in Zircon at the time of the hack has a pro-rata share of the recovered funds. The distribution is homogenous, so there is no difference between having funds on BSC or Moonriver. The amount recovered is approximately $53000 (+- price fluctuations), while liability is $415,000 (+- price fluctuations).
This means that each user has a claim to 12.77% of the recovered funds.
Each user needs to submit their claim outlining how many pool tokens they own. Make sure to unstake your tokens from farms on app.zircon.finance. For the purposes of this claim, the prices are snapshotted as of Friday, 24 March, 15:00 UTC. The claim process involves sending 12.7% of the user's pool tokens for burning and receiving the compensation. We will need to get in touch with each individual LP to coordinate the process, hence us asking for contact information.
Any unclaimed funds after 30 days will be returned to a Multisig to assist in the reconstruction of the project. We believe this is a reasonable time frame to process claims, and serves to maximize the chance of full recovery of the liability. If you do not claim now, your debt is not cancelled, but you'll need to wait for the relaunch and the start of the buyback process to start recovering funds. We expect that only a small amount will be unclaimed.
If there is any additional recovery of funds, we will launch similar claims processes to return the money immediately. Anyone is eligible to participate, including those who did not submit their claims here.
Future debt will be represented by your Pylon pool tokens, and denominated in their respective currency (MOVR, ETH etc.). In this form, you can indicate your choice to convert the liability to a USD value snapshot. There won't be similar chances in the future, so evaluate this carefully.
