How will Zettai ensure the buyback of Recovery Tokens and maximize creditor recoveries over the next three years?
What is WazirX’s plan for returning funds to users who deposited after the cyberattack?
What measures were taken to expedite rebalancing?
Why is WazirX planning new business initiatives alongside distributing funds to creditors?
How can creditors withdraw their funds under the Scheme?
What is the expected timeline for the creditors and the court's approval of the restructuring scheme? When can creditors expect to receive their funds?
Why are 33% of locked WRX tokens included in the calculation displayed in the Rebalancing Calculator?
Is the USD 30m Cost Reserves an expansion of the initial USD 12m fund?
Why is the USD30m Cost Reserves critical for recovery?
How are profits managed until the USD30m Cost Reserves are recovered?

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Is it possible to recover more than 100% ?

Akshay

September 30, 2024 13:43

At this stage it is unlikely that token recoveries will exceed 100%, however as distributions are expected to be in tokens under a restructuring, fiat recoveries on distributed tokens under a Scheme may exceed 100% if the crypto price of underlying token assets increases.