$D$ is the stiffness of the springs, and $l_0$ is their original length, ,with $l>l_0$. My try was this:
$$m\frac{\mathrm{d}^2x}{\mathrm{d}t^2}=-D(r+(l-l_0))\cos{\alpha}+D((l-l_0)-r)\cos{\alpha}=-2Dr\cos{\alpha}$$ $$m\frac{\mathrm{d}^2y}{\mathrm{d}t^2}=-Dr\sin{\alpha}$$
Where alpha is the angle between the spring and the horizontal axis, and $r^2=x^2+y^2$, but I can't solve it.