The Ceutus protocol is set to be relaunched on June 8, 2025, at 3:00 PM UTC with the full restoration of its functions.
To restore liquidity, the team conducted a chain vote to recover and rebalance the assets and allocated $7 million from its treasury to buy back the lost tokens, and secured a $30 million loan from the SUI Foundation.
To compensate users, 15% of the total supply of Ceutus tokens will be distributed, with 5% available at launch, while the remaining 10% is vested gradually over 12 months.
The Ceutus protocol is scheduled to be relaunched on June 8, 2025, at 3:00 PM Coordinated Universal Time, with the full restoration of its functions. To restore liquidity, the team conducted a chain vote to recover and rebalance the assets, allocated $7 million from its treasury to buy back lost tokens, and secured a $30 million loan from the SUI Foundation. To compensate users, 15% of the total supply of Ceutus tokens will be distributed, with 5% available at launch, while the remaining 10% is vested gradually over 12 months.
