# Remediation Plan

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For further information on the Remediation Plan: <https://medium.com/@RadiantCapital/radiant-capital-dao-community-remediation-plan-196c8366b4da>
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Following the October 16, 2024 exploit, the DAO approved a [Community Remediation Plan](https://medium.com/@RadiantCapital/radiant-capital-dao-community-remediation-plan-196c8366b4da#9e3c) to remediate affected users, maintain treasury sustainability, and reinforce protocol security.

This framework combines community-approved proposals, governance votes, executed by an annually elected community council.

## Objectives

* Deliver a DAO-approved path for user remediation.
* Balance treasury and emissions sustainability.
* Reinforce security posture with audits, monitoring, and bounties.
* Ensure fairness and transparency via governance.

## Key Components

### 1. Eligibility

* **Eligible**: Losses from the Radiant **lending market deposits** ([details](https://medium.com/@RadiantCapital/radiant-capital-dao-community-remediation-plan-196c8366b4da#5a3d)). Remediation will be 1:1 with in-kind assets, subject to available funds from protocol fees, future investments, and partner contributions.
* **Not Eligible** (for now): **Unlimited allowance** wallet drains. A [separate proposal](https://snapshot.box/#/s:radiantcapital.eth/proposal/0x54d0b26ba2a9f33100bcd4e7918415aa80863189f12a7fbe1c7c25c40866a59e) failed quorum; future votes may revisit. The will of the community will dictate.
* **Convenience Class**: The DAO voted to create a [“convenience class”](https://snapshot.box/#/s:radiantcapital.eth/proposal/0x423740456e9aa29a266ea55e40d9e8481efe25e2f783e61c5aab2e7e907e3019), grouping **smaller** amounts (**$10-$1,000** at 30% haircut) into a streamlined process, **addressing 95% (28K)** of the users and 2% of total loss, with **distribution beginning in Q4 2025**. This reduced administrative overhead, prevented backlog, and ensured quicker distribution for smaller accounts — a fairness-driven community decision.

### 2. Remediation Multi-sig

* Funded via a combination of: Protocol Revenue, DAO treasury, adjusted emissions, reserves, new investments, and new partner contributions.
* Allocated proportionally across Remediation Claim Contracts.

### 3. Distribution Mechanics

* [Claim contracts](https://medium.com/@RadiantCapital/radiant-capital-dao-community-remediation-plan-196c8366b4da#ed2f) distribute funds directly on-chain.
* Tranche releases are phased over multiple quarters, with the convenience class handled earlier (starting in Q4 2025) for efficiency.

### 4. Governance Oversight

* Parameters ratified via Snapshot votes.
* Adjustments follow the RFP/RPP governance process.

### 5. Security Hardening

* Expanded audits, monitoring, and incident response.
* [Recovery Bounty Program](https://medium.com/@RadiantCapital/radiant-capital-recovery-bounty-program-b4d116c691d0) incentivizes ethical fund return.
* Protocol upgrades detailed in [Sixty Days of Progress](https://medium.com/@RadiantCapital/sixty-days-of-progress-radiant-daos-path-to-renewal-f7950c452c35#b0ee).

## Timeline

The plan phases distributions while preserving sustainability.

<figure><img src="https://896179941-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fc8CwAEN8ihh81y90gyG1%2Fuploads%2FII7cm4RUdEnjrXqHWYtq%2FRadiant%20Capital%20DAO%20Remediation%20Plan%201-pager.png?alt=media&#x26;token=0ee52b1e-e016-4976-85d6-0bfcbcb83051" alt=""><figcaption></figcaption></figure>

## Related Resources

* [Community Remediation Plan](https://medium.com/@RadiantCapital/radiant-capital-dao-community-remediation-plan-196c8366b4da)
* [Sixty Days of Progress](https://medium.com/@RadiantCapital/sixty-days-of-progress-radiant-daos-path-to-renewal-f7950c452c35)
* [Snapshot: Convenience Class Vote](https://snapshot.box/#/s:radiantcapital.eth/proposal/0x423740456e9aa29a266ea55e40d9e8481efe25e2f783e61c5aab2e7e907e3019)
* [Recovery Bounty Program](https://medium.com/@RadiantCapital/radiant-capital-recovery-bounty-program-b4d116c691d0)
* [RFP-52: Guardian Fund](https://snapshot.box/#/s:radiantcapital.eth/proposal/0x8b69c2535698b6a93b383dcba4c84e4174e65a7b1535c6b66ccf2ae481d88b86)

## Disclaimer

The Remediation Plan is community and DAO-approved and administered by the annually elected community council. It does not guarantee full remediation and remains subject to governance votes, treasury constraints, and technical feasibility.<br>