- Blockchain platform Ethos has launched a recovery token program for users affected by the crypto broker Voyager’s bankruptcy.
Recovery Token Program
The Ethos team will extend a recovery token program to those affected by Voyager’s bankruptcy. According to the Ethos website, both VGX holders and creditors will be eligible to claim ETHOS tokens with proof of valid claim. The Ethos self-custody platform uses ETHOS tokens as a utility asset.
Based on a future blockchain snapshot, VGX holders will get 10% of the ETHOS token supply. A comparable sum will be divided among Voyager’s creditors.
VGX holders will get 10% of the ETHOS token supply based on a future blockchain snapshot. If Voyager creditors demonstrate proof of claim, a similar sum will be allocated pro-rata among them.
Creditors can use the Ethos platform to lodge their claims. A snapshot will be taken for VGX holders, and tokens will…
