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Gresha K
Gresha K

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What This WazirX Revote Really Means For You?

The recent WazirX revote marks a pivotal moment for the future of crypto trading in India and, more specifically, for everyone who calls themselves part of the WazirX Tribe. If you’re debating whether to VOTE YES, here’s why the answer should be a resounding and confident YES.

Why This Vote Matters

The backdrop for this vote is unprecedented: after the 2024 hack that shook WazirX, your assets—worth $230M+—were suddenly at risk. WazirX could have taken the easy route to liquidation, resulting in massive delays and deep losses for its community.Instead, the platform chose to fight for its users, designing a restructuring scheme that puts recovery, transparency, and empowerment at the center.
Now, it’s your turn to shape the destiny of your investments and the
WazirX ecosystem by voting YES.

Top Reasons to VOTE YES

1. Faster Asset Recovery
A “YES” vote means you could receive your tokens within 10 business days of scheme approval. The contrast is stark: voting NO could mean waiting until 2030 to see your funds returned in INR, which will be far lower than what you’ll get now.

2. Maximum Value, Shared Profits
Supporting the revised scheme ensures you’ll get ~85% of the rebalanced NLPA and the opportunity to participate in profit-sharing mechanisms and market upside, instead of a fire-sale “liquidation price”.

3. Transparent, User-Centric Process
The voting and distribution process is conducted through a transparent platform, verified by an independent assessor. Your rights and voice are protected—each approved claim gets one, and only one, vote, regardless of account numbers.

4. No More Uncertainty
With YES, you’re choosing a path away from drawn-out legal battles and towards clarity and control. Your vote helps close this chapter and open the next, stronger one for both you and the platform.

5. Future-Proofing the Platform
This isn’t just about recovering old losses—WazirX is building new features and business initiatives, like a decentralized exchange (DEX).
YES means you become part of future growth and innovation—rather than merely salvaging the past.

What Do You Get When You VOTE YES?

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YES Empowers YOU and the Community
Immediate Benefits: Instant access to your tokens, with the option to trade, hold, or participate in new profit opportunities.
Long-Term Growth: Stay at the forefront as WazirX rebuilds—profit-sharing, token buybacks, and innovation like DEX add continual value.
Proven Security: WazirX has doubled-down on security, introducing enhanced technical protocols and two-factor authentication, so your assets remain protected as the platform evolves.

Community Strength: Over 93% of creditors have already recognized the future lies with a YES—demonstrating trust and belief in rebuilding together.

The Risks of Voting NO
Voting NO is not a “safe reset”—it’s a decision to enter years of uncertainty and almost guaranteed lower returns. Liquidation strips away community, future earnings, and your say in the recovery process, leaving you at the mercy of slow legal proceedings and sharp losses.

How To Cast Your Powerful YES Vote

  • Open the WazirX App or Web Platform
  • Click the “REVOTE IS NOW LIVE” action card (if you’re an eligible creditor)
  • Review your consent form and claim balance
  • Select “Yes, I vote FOR the Scheme”
  • Submit and help lead the WazirX comeback

Check the step-by-step guide

Conclusion: The Future is in Your Hands

A YES vote isn’t just a checkbox—it’s a declaration of confidence, solidarity, and belief in the power of community-driven recovery and innovation. WazirX’s best days are ahead, and by voting YES, you’re seizing an opportunity for expedited recovery, long-term gains, and a seat at the table for the next era of crypto in India.
Cast your YES vote. Let’s build the new WazirX, together.

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