Jun 16, 2021
$cBURGER Compensation Pool | with Tutorial
Dear BurgerSwap Users:
Thank you for your patience. We apologies for the delay but our Compensation Pool is live now! Details and tutorials are as follows:
Who is Eligible:
All users who hold the following Liquidity Pair(s) on May 27, 2021, 06:54:46 PM +UTC (Block Height 7781159) and suffered loss as a direct result of the flash loan attack on or around the said time (thereinafter the “Direct loss”), their relevant wallets will be eligible for this $cBURGER compensation plan (thereinafter the “Eligible Wallet”).
- $BURGER — $WBNB
- $BURGER — $BUSD
- $BURGER — $ETH
- $BURGER — $USDT
- $BURGER — $xBURGER
- $BNB — $xBURGER
- $USDT — $xBURGER
- $BURGER — $ROCKS
- $BNB — $ROCKS
- $USDT — $ROCKS
- $BURGER — $DEK
- $BNB — $DEK
- $USDT — $DEK
How much you are eligible for?
The Eligible Wallets will be eligible to claim the compensation token — $cBURGER — in the amount proportional to the value of Direct Loss they each suffered.
For example, if you held $BURGER-$WBNB LP tokens worth 10,000 USDT (all prices worth calculated per the prices at the time of the attack), consisting of X $BURGER (worth 5,000 USDT) and Y $WBNB (worth 5,000USDT) in your wallet on and immediately before the attack, and your LPs suffered 10,000USDT worth of loss directly because of the attack (hence everything drained in this example), then you will be eligible to claim 2 units of $cBURGER (this is automatically calculated).
Note: All numerical representations shown in this document are for example purposes only.
In other words, your Direct Loss from the attack in the unit of USDT, converted to $BURGER (according to the price of $BURGER at that point of time), will be the amount of $cBURGER you will be eligible to claim.
How to claim your $cBURGER?
- Connect your Eligible BSC Wallet.
- Go to [Compensation Pool page].
- You will see the [Claim] button on the Compensation Pool page on the upper right. Now click [Claim] to claim your $cBURGER. **If you are NOT eligible, the claim button will be greyed out** if you think you are eligible but the claim button error greyed out, please fill in this form with as many details as possible: https://forms.gle/Cgvuqx9EM8gxyVDT9
- Also at the Compensation Pool page, you can stake your $cBURGER into the [$cBURGER Pool] to mine $BURGER.
- After 90 days, you will get the amount of $BURGER equivalent to the amount of $cBURGER you staked.
All $cBURGER holders will be able to obtain $BURGER rewards by staking their $cBURGER into the [Compensation Pool] which will release $BURGER in a span of 90 days in a linear proportion.
Note: the reward token is $BURGER ONLY
To sum up
- Claim your $cBURGER by clicking the [Claim] button
- Stake your $cBURGER to mine $BURGER in the [Compensation Pool]
About BurgerSwap
BurgerSwap is the first DEX on BSC which is created by and for the community. As the people’s exchange, it emphasizes being democratized and decentralized, with community governance. BurgerSwap is always actively growing with its community. Recently, it has upgraded its UI, added FARMS and IFO for extra rewards, with much more upgrades and collaborations to come.
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