$SUI Foundation Platform, Community Governance Driven, $CETUS Becomes a True Model of Decentralized Finance
In the Web3 world, true 'DeFi blue chips' are never built on rising prices, but on the trust established through repeated extreme challenges.
The recent Cetus incident, while causing a brief market disturbance, reveals that it has quietly completed a leap from 'project party centralization' to a 'community-driven consensus mechanism' when viewed through the lens of governance logic.
The project party initiated community voting not as a formality, but to allow users to decide whether to use protocol reserves and the SUI Foundation's loans to compensate all victims. What is this? This is the true 'DAO governance' coming to fruition at a critical moment!
More importantly, Cetus did not delay or shirk responsibility; instead, it promptly repaired the code and initiated the compensation process. Even if the compensation plan was rejected, they promised to execute parts of it immediately.
Such an attitude, such execution capability, along with the clear support from the SUI Foundation, allowed Cetus not only to survive but also to earn institutional credibility and user respect.
The DeFi world is not without black swans; the key is whether one can stand up, endure, and soar again after an incident. And CETUS is a powerful example of such a strong comeback.
