$CETUS & $SUI Update: A Path Forward
A Message of Commitment & Progress
Following the incident, we've reflected deeply on its impact and taken responsibility. We're sharing a significant step forward, made possible by collective efforts. We're pleased to announce that we're now able to fully cover stolen assets off-chain if locked funds are recovered through an upcoming community vote. This is thanks to a critical loan from the Sui Foundation, enabling 100% recovery for affected users.
A Call to Action
We humbly request the Sui community's full support for the upcoming vote to recover funds. Regardless of the outcome, recovery will begin immediately after, with a detailed plan to follow. We deeply regret the impact and apologize to our users and the broader ecosystem. Your trust is our top priority, and we're committed to making things right.
Let's Rebuild Together
We ask that everyone comes together to pass the vote, make everyone whole, and rebuild a stronger, more resilient Sui DeFi ecosystem.
