ShapeShift· 1d left

[SCP-216] Defi Unites - Community Recovery Distribution for April Revenue

Proposed by0x4614...D4C1

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0Against (50%)

Quorum: 4,000,0004,000,000 more needed

Summary

This proposal asks FOX governance to approve a one-time Community Recovery Distribution of $150,681.30 from revenue. This number is derived from verified protocol exploit volume that passed through the ShapeShift app during April.

The rFOX revenue-sharing program operated as designed: stakers received the amount owed based on the program’s normal end-of-month calculation. This proposal concerns the remaining unallocated revenue and puts governance at the center of approving distribution to the affected DeFi communities rather than retaining it in the DAO treasury.

Background

In April, DeFi experienced one of the most severe periods of exploit activity in recent memory. ShapeShift is no stranger to this reality/outcome. After review and verification, the DAO was ab

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ID: proposal:shapeshift:0x32994b495e7f42ff4f7313364bb8ca6b50d0218dd5c274cece6f0b6a533c93db

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Details

ID: 0x32994b495e7f42ff4f7313364bb8ca6b50d0218dd5c274cece6f0b6a533c93db
DAO: ShapeShift
Source: Snapshot
Start: May 28, 2026
End: June 3, 2026