Recovery Plan Update
I wanted to share an update on the recovery plan:
Earlier today, the first round of remediation payments was successfully executed. A total of 152.83 ETH has been distributed so far, out of the 169.267 ETH allocated for Round 1.
A small group of wallets (approx 20) has been flagged as high-risk. These users will need to open a support ticket and complete a KYC verification process before their funds can be released. This additional step is required to ensure compliance and security throughout the remediation process.
If you did not receive your payment or believe there may be an issue, please open a support ticket in the Moonwell Discord.
Affected users can also track the progress of the remediation and verify their expected allocation using this link. Simply paste your wallet address to check your status and the amount you should have received.
MFAM & stkMFAM Onboarding
As part of the onboarding plan for MFAM and stkMFAM holders into the Moonwell ecosystem, users can now claim their stkWELL through Merkl.
To claim, go to the dashboard section, where you’ll be able to see and claim your rewards.
Campaign link: https://app.merkl.xyz/users/0x72a9ff01BD169A78A99896be12eA777871246E38