This proposal requests a treasury spend of 8980000 BSX to reimburse 33.49 KSM that was permanently trapped due to a confirmed bug in the xTokens pallet used by Basilisk after the Kusama Asset Hub migration.
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The reimbursement amount is calculated based on the BSX/KSM exchange rate at the moment of referendum creation, providing a transparent and fair conversion. 


On-chain Evidence

Basilisk XCM message:
https://basilisk.subscan.io/xcm_message/kusama-79d0c8c5284a2a89d1537d968381b75fd7916eb4

These links show that the XCM execution failed due to incorrect reserve chain targeting and that no corresponding credit was made on the destination chain.

Rationale for Reimbursement

The loss was caused by a Basilisk chain-level bug, not user error.
Funds were irreversibly destroyed in the process.
Treasury reimbursement is the only possible remedy.
This approach has precedent across ecosystem parachains when chain logic errors cause user losses.

#23 [Spender] Referendum #44 Reimbursement of 33.49 KSM Lost Due to xTokens Pallet Bug

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