# [GIP-282] RE7LRT Liquidation Disclaimer
AI summary
This proposal addresses a specific issue with one remaining credit account holding RE7LRT tokens in the Restaking WETH Credit Manager. Due to technical limitations, the DAO's designated liquidator cannot process this account. Therefore, the market will be unpaused, allowing any participant to liquidate it. This proposal seeks to acknowledge that the owner of this specific account may not receive their liquidation premium back, as the liquidation will not meet the conditions for automatic refunds set by a previous proposal (GIP-276).
If this proposal passes, the owner of the `0x50ba...f4f6` account will likely lose their liquidation premium, which would otherwise be refunded under normal circumstances. The DAO benefits by clarifying its stance and avoiding potential future disputes regarding this specific liquidation. No other users or treasury funds are directly impacted.
Voting results
Votes over time
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🐳 Whale votes
3 votes > 5% VPFull proposal
Summary
This proposal establishes that the liquidation premium for the remaining RE7LRT credit account in the Restaking WETH Credit Manager may not be refunded to the account owner.
Context
Per GIP-281, all legacy v3.0 Credit Accounts on Ethereum were expired on March 16, 2026. The expiration was announced multiple times through governance proposals (GIP-277, GIP-278, GIP-279, GIP-281) and public communications, giving account owners ample time to close their positions voluntarily.
Credit Managers were paused before expiration to restrict liquidations to the whitelisted DAO liquidato…