[Ostium Announces Second-Phase Compensation Plan, Offering USDC Installment Payments and Equity Conversion]
Ostium has released the second-phase compensation plan for liquidity providers, offering two mechanisms for users who have incurred losses exceeding 1,000 USDC and did not opt for the convenience payout.
Plan A involves USDC installment payments, with funding sources including recovered assets, revenue sharing from the Ostium protocol and Gateway, and partner incentives. Plan B offers equity conversion into Ostium Labs shares, allowing users who comply with securities regulations to convert their outstanding losses into Ostium Labs equity based on the valuation of the next financing round.
The second-phase portal is scheduled to go live on October 30, enabling users to claim funds allocated under Plan A. Users who opt for Plan B will no longer be eligible for installment payments under Plan A. Ostium stated that this plan is voluntarily initiated by the official team and does not guarantee full recovery of lost funds.
