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$CETUS $SUI New Progress Update – A Path Forward Together! Since the incident, we have reflected deeply on the incident and its impact on our users, partners, and the broader ecosystem. We are deeply sorry and take this responsibility seriously. Today, we want to share a meaningful step forward, made possible by the collective effort of many. We have great news. Using our cash and token treasuries, we are now in a position to fully cover the stolen assets currently off-chain if the locked funds are recovered through the upcoming community vote. This includes a critical loan from the Sui Foundation, making a 100% recovery for all affected users possible. Because full recovery is dependent upon the results of the community vote, we humbly ask for the Sui community’s full support to recover the funds via the upcoming vote. We recognize that this is an extraordinary ask forced by our actions, however we think it is the right decision especially for those affected. Regardless of the outcome of the vote, recovery will begin immediately after. A detailed plan will follow. We deeply regret the impact caused by the recent incident and sincerely apologize to our users and the broader ecosystem for the exposure. Your trust is our top priority, and we are fully committed to making things right. We ask that everyone comes together to pass the vote, make everyone whole, and rebuild a stronger, more resilient Sui DeFi ecosystem
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Earn Free SXT with Binance Launchpool – Here’s How It Works #BinanceLaunchpool lets you earn free crypto by staking coins you already own, like $BNB , $USDC , or FDUSD. You just lock your tokens for a short time, and in return, Binance gives you new tokens—at no cost and with no risk. You can unstake anytime, and your original tokens stay safe. The latest project on Launchpool is Space and Time ($SXT ), a powerful new blockchain tool that helps apps and smart contracts use large, trusted data sets—both from blockchain and real-world sources. What Makes Space and Time (SXT) Special? SXT uses advanced tech like zero-knowledge proofs (ZK-Proofs) to prove that data is correct. It helps smart contracts run complex data queries safely—something normal blockchains can’t do alone. This is useful for DeFi, gaming, AI, NFTs, and real businesses needing trustless, real-time data. Its key innovation, Proof of SQL, proves that the answers to data queries are accurate and untouched. It's backed by big names like Microsoft and works with projects like Chainlink, Sui, and zkSync. Token Rewards and How to Earn SXT During the 48-hour Launchpool event (May 6–8, 2025), users could earn from a total of 125 million SXT by staking BNB, FDUSD, or USDC. Rewards were split: 85% for BNB stakers, 10% for USDC, and 5% for FDUSD. You could claim rewards anytime, and there were no penalties for unstaking early. After May 8, SXT was listed for trading on Binance, so you could hold or sell what you earned. Why It Matters This setup gives users a safe and easy way to earn new tokens with no extra cost. Space and Time is also building a strong future for Web3 data—helping blockchains do more with less trust. For those who joined early, it was a chance to earn a promising token before it hit the market. Strong Community & Real Utility SXT isn’t just a reward token—it powers the Space and Time network. Validators stake SXT to help run the system, and developers use it to pay for data services. #SXt #AltcoinSeasonComing
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