Cetus: To Advance Asset Recovery Plan Through Community Voting, Aiming for 100% User Compensation
Odaily Planet Daily News: The Sui on-chain protocol Cetus Protocol has released its latest update on X, stating that it is ready to fully cover the off-chain stolen assets from the previous hack through its own funds and token treasury, combined with a crucial loan from the Sui Foundation. If the upcoming community vote is passed, affected users are expected to achieve 100% full compensation.
Cetus emphasized that although the compensation work depends on the voting results, the company is committed to initiating the recovery work immediately after the results are announced, regardless of the vote outcome, and will release a detailed plan. The official team once again apologizes for the impact of the incident and calls on the Sui community to unite in restoring trust and resilience in the ecosystem.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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