# Recovery One - Community governance for depegged tokens

**URL:** https://talk.harmony.one/t/recovery-one-community-governance-for-depegged-tokens/21104
**Category:** Announcements
**Created:** [August 10, 2022, 9:59pm UTC](https://talk.harmony.one/t/recovery-one-community-governance-for-depegged-tokens/21104 "2022-08-10T21:59:11Z")
**Posts on this page:** 1
**Showing post:** 303

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### Author: ![babakajone](https://avatars.discourse-cdn.com/v4/letter/b/e68b1a/32.png) [@babakajone](https://talk.harmony.one/u/babakajone)
#### Post date: [September 8, 2022, 10:17pm UTC](https://talk.harmony.one/t/recovery-one-community-governance-for-depegged-tokens/21104/303 "2022-09-08T22:17:15Z")

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> [@Rel](#):
>
> Ultimately it’s irrelevant how you classify each ONE allocated from the treasury, whether it’s a grant, a payment, or for recovery it’s all effectively the same thing and always has been: Harmony investing in itself to further its own growth.

There’s a huge difference in how the ONE is allocated. Because each ONE allocated to million dollar grants for Tranquil or others to support its own development or extra liquidity **doesn’t go to the victims** unless they effectively go “all in” on rONE which it seems they pretty much would do under these terms. If there was no rONE and no Tranquil grant, there’s an additional few million dollars to go towards those who were impacted. It _should go to those who lost money_ directly and not to more grants. Tranquil should just apply for its own partnership grant. Why go about it this way to dilute what’s available to reimburse people? That’s significantly expensive utility but if they are going to restructure the entire lending platform around it, I guess its potentially viable but still a pretty serious gamble that it works and many other platforms are going to need grants at the expense of total reimbursement amounts available.

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_[View the full topic](https://talk.harmony.one/t/recovery-one-community-governance-for-depegged-tokens/21104)._
