TREE NEWS update: Ostium’s recovery plan will fully repay 3,321 wallets that lost $1,000 or less when the claims portal opens Wednesday. The remaining 345 wallets, which account for at least 86% of the $23.8 million total loss, must choose between a $1,000 payment and a pro-rata claim on funds Ostium has not yet recovered.
Ostium Recovery Plan Repays 3,321 Wallets In Full, 345 Left To Choose
AI take
The two-tier design effectively separates a large, low-value cohort from a small set of wallets holding the bulk of the loss, so resolution for the former does not depend on recovering the missing funds. That leaves the real uncertainty concentrated in the 345 larger claimants, whose choice between a capped payment and a pro-rata claim is essentially a bet on whether Ostium recovers more. How those wallets decide — and whether Ostium's unrecovered funds materialize — is the open question for anyone tracking how DeFi loss-allocation plans balance speed against full restitution.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
2h ago
Symbiosis flags attempt to move Binance hack funds through its cross-chain protocol
3h ago
Binance Hacker Swaps 970,522 Stolen SOL for BTC
3h ago
OKX Opens Pre-Subscription for USDT Yield Event With 1M USDT Pool
3h ago
PlanB: Bitcoin RSI Above 50 for Third Straight Month Signals New Bull Run
4h ago
Binance Restores Withdrawals for BTC, XRP and Base Network Assets
4h ago
CZ credits US law enforcement for limiting Bitcoin’s drop after Binance hack