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Cetus: Will promote asset recovery plan through community voting, intends to achieve 100% user compensation

2025-05-28 01:09

Odaily News Sui on-chain protocol Cetus Protocol released the latest progress on X, saying that it is ready to fully cover the stolen assets that were previously stolen from the chain in the hacker attack through its own funds and token vaults, combined with key loans from the Sui Foundation. If the community vote to be launched is passed, affected users are expected to achieve 100% full recovery.
Cetus emphasized that although the compensation work depends on the voting results, the company still promised that regardless of the vote, the restoration work will start immediately after the results are announced, and a detailed plan will be announced. The official once again apologized for the impact of the incident and called on the Sui community to unite and work together to restore the trust and resilience of the ecosystem.