Hey everybody. I'm scripting this to warn the group concerning the arbitrary and non-transparent course of behind the Binance "Together Initiative" compensation.

This isn't simply me complaining about "goodwill" cash. That is a few compensation program for the Oct 10-11 "abnormal ADL" failure (which Wintermute's CEO alleged), the place Binance is publicly refusing to elucidate its personal criteria.

• My Loss Ratio: **126%** (Max Severity - $24okay loss / $19okay belongings).
• The Program Vary: $Four to $6,000.
• My Payout: **$Four,000**.
• My Question: Why did my 126% loss not qualify for the $6,000 Max Payout?
• Binance's Reply (after 5+ hours & Escalations Workforce): **They ADMITTED they use secret formulas and REFUSED to offer any particulars.**

The Full Story & Evidence

I'm one of the victims of the Oct 10-11 liquidations. My 126% loss ratio proves I used to be one of the severely impacted.

Once I acquired only $Four,000 (from a $4-$6,000 range), I contacted help (Case 149802630).

Half 1: The First Admissions (Case 149802630)

After hours of arguing, the agent (Gabriela) admitted my 126% calculation was right, however that my payout was low due to secret elements.

• Admission #1 (The Secret Elements): They admitted to utilizing "inner evaluation incorporates a number of knowledge factors and danger elements *past* simply the web asset value". (The public standards was Loss / Internet Belongings).
• Admission #2 (The Smoking Gun): Once I asked for the components, they officially said: "Pricey Consumer, we do not present mathematical calculation on this. I can't inform you on the components used."

Half 2: The 5-Hour Escalation Battle (Case CC8142784)

I used to be informed my first attraction was rejected (for an irrelevant "system error" cause). I began a new 5+ hour chat that went all the best way to the "Escalations Group" (Tavares).

His job was to silence me. For hours, he just repeated "our determination is last."

• He refused to reply why 126% loss will get the same as 30% loss.
• He refused to elucidate the standards for the $6,000 most payout.
• His last defense was responsible me: "We are sorry that you simply interpreted our answers that means."

Half three: The Public X (Twitter) Struggle & Silence

After being stonewalled internally, I took this public to X (Twitter). 1. I posted all the proof (126% vs $4k, "method refused"). 2. After 24 hours of strain, u/BinanceHelpDesk replied PUBLICLY. three. Their official reply was **NOT** to help, but to dismiss me again: "our staff defined to you concerning the last choice... We aren't capable of proceed additional." 4. I replied one last time, proving their "rationalization" was a "REFUSAL." 5. Their remaining response? Complete silence. They might not answer, in order that they ran.`

Conclusion

Binance is operating a compensation program with a public $4-$6,000 vary, however they've **officially admitted (and confirmed on Twitter) that the *precise* components is secret, inner, and will not be offered.**

This is not transparency. This is not "rebuilding confidence." It's an arbitrary "black field."

Here is the gallery of all of the proof (my emails, and the key chat/Twitter screenshots): https://imgur.com/a/CILBey2

Watch out, everyone. Their "goodwill" isn't as truthful because it appears.