Users affected by the CETUS incident can recover their assets 100% now.
The SUI Foundation is directly providing funds.
The 60 million U deficit will be covered as promised.
SUI still has strength.
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New progress update — moving forward together!
Since the incident occurred, we have deeply reflected on the event and its impact on users, partners, and the broader ecosystem. We are truly sorry and take this responsibility seriously. Today, we want to share a significant advancement, thanks to the collective efforts of many.
We have good news. If the locked funds can be recovered through the upcoming community vote, we will be able to utilize our cash and token reserves to fully cover the currently stolen off-chain assets. This includes a significant loan from the Sui Foundation, which will enable the losses of all affected users to be restored 100%.
As the full recovery of funds depends on the outcome of the community vote, we urge the Sui community to fully support the recovery of funds through the upcoming vote. We acknowledge that this is a special request that we are compelled to make, but we believe it is the right decision, especially for the affected users.
Regardless of the voting outcome, recovery efforts will commence immediately. A detailed plan will be formulated thereafter. We deeply regret the impact caused by the recent events and sincerely apologize to users and the broader ecosystem regarding this incident. Your trust is our top priority, and we will do everything possible to address this matter appropriately. We urge everyone to work together through voting to restore everyone to their original state and rebuild a stronger, more resilient Sui DeFi ecosystem.