Vauld Second payout Q&A dated 29 Jan 2026

Question 1. What recovery level is projected for the second payout?

A token pool valued at USD 82.3 million will be allocated to eligible Scheme Creditors.

Using effective rebalancing prices, estimated USD recovery is about 25% for Pro-Rated Track (PRT) creditors and about 29% for Variable Recoveries Track (VRT) creditors.

Each creditor can review their exact token entitlement in the Withdrawal Request Form shared for this distribution.

Applicable token mix and pricing mechanics for this payout are reflected in the same distribution documentation.

Question 2. Which creditors are eligible?

Eligibility applies to creditors across both tracks, PRT and VRT, where claims against Defi Payments Pte Ltd remain outstanding.

If you receive a Withdrawal Request Form access email from Kroll Issuer Services, you are included for this round.

PRT creditors remain eligible, as they have no RDA exposure.

For VRT creditors, eligibility depends on whether prior RDA submissions fully extinguished, partly extinguished, or did not extinguish claims.

• VRT with no Initial RDA submission: eligible.
• VRT with fully successful Initial RDA submission: not eligible, claims fully extinguished.
• VRT with partially successful Initial RDA submission: eligible only for the remaining, unextinguished claim balance.
• VRT with unsuccessful Initial RDA bid: eligible, because claims were not extinguished.