Eiden Liu said he has left the original GANA Foundation and will launch a compensation plan in his personal capacity after the foundation withdrew, according to a BlockBeats flash update on Aug. 24. Liu said he will take the related compensation responsibility on his own and aims to work toward 100% repayment.
The first phase of the plan is expected to cover about 20,000 addresses. Verification will be carried out step by step based on real on-chain data, and compensation will be distributed in batches. The overall repayment period is currently set at 2 to 3 years.
Liu also said that although the foundation has withdrawn, responsibility will not, adding that he will continue to bear the related obligations through concrete action.
Eiden Liu said he has exited the original GANA Foundation and will start a compensation plan in his personal capacity after the foundation withdrew, according to a BlockBeats flash report published on Aug. 24.
Liu said he will assume the related compensation responsibility on his own, with a goal of striving for 100% repayment.
The first phase of the compensation plan is expected to involve about 20,000 addresses. Subsequent verification will be conducted gradually based on real on-chain data, and compensation will be paid out in batches. The overall compensation period is currently set at 2 to 3 years.
Liu said, 「The foundation may have withdrawn, but responsibility will not,」 and added that he will continue to take responsibility through concrete action.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
