WazirX has released an update on recent security events: in order to facilitate the management of users' remaining assets, we will provide two options, each with specific benefits and conditions. 55% of users' encrypted assets will be available for trading and/or withdrawal (depending on the option chosen by the user), while the remaining 45% will be converted into USDT or equivalent tokens and locked.

For these two options, we will use a basket of encrypted assets available on the platform to create a balanced investment portfolio for unlocking part of the user's assets (55%). If 55% of the unlocked investment portfolio contains affected tokens, we will balance it by replacing the affected portion with a basket of unaffected encrypted assets available on the platform.

Unlocking locked tokens is related to subsequent asset recovery work. This includes tracking and recovering stolen assets, cooperating with partners to make up for losses, and exploring compensation methods, including possible airdrops. Users who choose option 1 can benefit from the profits (if any) we can obtain from ongoing or future recovery work.

The value of the unlocked investment portfolio (55%) will be calculated based on the average price of CoinMarketCap and selected global exchanges on the evening of July 21, 2024 at 8:30 pm (IST).

Please submit your choice before 7:00 am (IST) on August 3, 2024. This survey does not have legal binding force on users or the WazirX platform. After considering the results of this survey and other factors (including ongoing survey results, platform liquidity, and any changing circumstances), a final decision will be made for future development.