RE: LBI Weekly Holdings and Income report - Week 28 - week ending 9 February 2025

The de-pegging event was a theft - a theft where arbitragers drained the liquidity pools to near zero. I have been refunding bHBD and the other sunset assets out of my own pocket since that day and continue to do so to the 100s of tickets of people who were affected. From my own funds.

I treat everyone extremely fairly and all tickets are handled in the order they were received. Nobody gets special treatment.

Your ticket didn’t get handled because you got louder. It got handled because it was your turn. Despite people yelling at me and trying to say that they deserve priority over other people who are in the exact same situation, I handle everyone in order. This is not easy for anyone and frankly, 99% of other DeFi projects blew up to 0 and told their users “sorry” and those users got nothing.

I’ve never done that. All cub and polycub holders were airdropped Leo. All bridged token holders have been refunded from my pocket or are pending refunds from my pocket. You are among those who could have lost thousands of $$ in the Defi blow up, but you were a LEO user, so instead you got refunded from my own pocket.

I wish that warranted a bit of grace. That we did something no other defi project would ever do, but I’ve never asked for grace nor thanks. I just ask that people please be patient while I do my absolute level best to make everyone whole as fast as I am humanely capable of doing so.