(1/3) The following is my proposed Celsius recovery plan I would like to share with @Mashinsky 🧵
1. Firstly, YOU MUST apologize to the entire community, and be upfront on what happened, we need the truth.
2. Communicate how much the damage is. Are depositers down 50%, 80%?
(2/3)
3. Publicize a recovery plan to make depositers hole using Celsius mining revenues over the coming years plus other revenue lines + access to equity
4. Let users withdraw with limited monthly allowance and fees, this is critical as many were dependent on Celsius rewards
(3/3) With a detailed recovery plan, Celsius should be able to make depositers whole and recover fully out of this. Bankruptcy is not the solution. Over and out.