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From the post; "The round combined with Sky Mavis balance sheet funds, will be used to ensure that all users affected by the Ronin Validator Hack will be reimb

From the post; "The round combined with Sky Mavis balance sheet funds, will be used to ensure that all users affected by the Ronin Validator Hack will be reimbursed. "

lupire 5y ago
"reimbursed" does not mean 100%.
- willcipriano 5y ago
  reimburse rē″ĭm-bûrs′ transitive verb To repay (money spent); refund. To pay back or compensate (another party) for money spent or losses incurred. To replace in a treasury or purse, as an equivalent for what has been taken, lost, or expended; to refund; to pay back; to restore. Its unclear if it does according to this definition. I could see it either way.
  - gilleain 5y ago
    Yes, a 'reimbursement' is a direction of a payment (in my understanding). A payment can be in full, or partial so yes you can have a partial reimbursement.
- duxup 5y ago
  > Sky Mavis is committed to reimbursing all of our users' lost funds Maybe they turn around and don’t do it but that sounds like all.
  - h2odragon 5y ago
    all users get some refund, or all users get all funds refunded? ambiguity like that doesn't come cheap or easy
    - duxup 5y ago
      I don’t that sentence is that confusing.
      - somebodythere 5y ago
        It's definitely written in a way that all users could be partially refunded, and still be truthful. It's quite likely that Sky Mavis doesn't manage to come up with the money to make all their users whole, and as such it would be risky to promise to fully reimburse all users.
    - FatalLogic 5y ago
      >all users get some refund, or all users get all funds refunded? ambiguity like that doesn't come cheap or easy No, it's unambiguous. "All of our users' lost funds" doesn't imply "But not all of the funds". Nor can it mean "But not all of the users". The meaning of their statement is clear, unless they're going ridiculous and disputing definitions, such as: What are "funds", or Who is a "user" But whether it's possible for them to honor that promise? Seems doubtful. I find it very hard to believe that they can promptly conjure up over half a billion dollars to refund their users. Firstly because I'd ask: what were they doing with that excess capital before? edit: Although "committed to" does not mean "anytime soon"! Perhaps they plan to issue a token of some kind, and pray they can keep going and gradually make the users whole?

From the post; "The round combined with Sky Mavis balance sheet funds, will be used to ensure that all users affected by the Ronin Validator Hack will be reimbursed. "

lupire 5y ago

"reimbursed" does not mean 100%.

willcipriano 5y ago
reimburse rē″ĭm-bûrs′ transitive verb To repay (money spent); refund. To pay back or compensate (another party) for money spent or losses incurred. To replace in a treasury or purse, as an equivalent for what has been taken, lost, or expended; to refund; to pay back; to restore. Its unclear if it does according to this definition. I could see it either way.
- gilleain 5y ago
  Yes, a 'reimbursement' is a direction of a payment (in my understanding). A payment can be in full, or partial so yes you can have a partial reimbursement.
duxup 5y ago
> Sky Mavis is committed to reimbursing all of our users' lost funds Maybe they turn around and don’t do it but that sounds like all.
- h2odragon 5y ago
  all users get some refund, or all users get all funds refunded? ambiguity like that doesn't come cheap or easy
  - duxup 5y ago
    I don’t that sentence is that confusing.
    - somebodythere 5y ago
      It's definitely written in a way that all users could be partially refunded, and still be truthful. It's quite likely that Sky Mavis doesn't manage to come up with the money to make all their users whole, and as such it would be risky to promise to fully reimburse all users.
  - FatalLogic 5y ago
    >all users get some refund, or all users get all funds refunded? ambiguity like that doesn't come cheap or easy No, it's unambiguous. "All of our users' lost funds" doesn't imply "But not all of the funds". Nor can it mean "But not all of the users". The meaning of their statement is clear, unless they're going ridiculous and disputing definitions, such as: What are "funds", or Who is a "user" But whether it's possible for them to honor that promise? Seems doubtful. I find it very hard to believe that they can promptly conjure up over half a billion dollars to refund their users. Firstly because I'd ask: what were they doing with that excess capital before? edit: Although "committed to" does not mean "anytime soon"! Perhaps they plan to issue a token of some kind, and pray they can keep going and gradually make the users whole?