Cetus Protocol will restart on June 8 and launch the CETUS compensation plan

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Wu Blockchain
7 hours ago
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Cetus Protocol will relaunch on June 8, 2025, at 3:00 UTC, with users regaining full functionality, including trading, liquidity management, and reward claiming. To replenish liquidity, the team has taken three measures: first, recovering the attacker's assets and rebalancing through on-chain voting by Sui validators; second, using the team's entire approximately $7 million in funds to purchase missing assets; third, obtaining a $30 million USDC loan from the Sui Foundation. The total CETUS compensation amounts to 15% of the token supply, with 5% available for claiming at launch and the remaining 10% to be linearly unlocked over the next 12 months. The official team promises not to increase token issuance and will slightly adjust the release plan. Any future asset recovery will be used to continue compensating users or repurchase CETUS.

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