The Suitus protocol said on May 27 that it may refund each affected user By May 22, operating if the holders of tokens followed the return of the frozen funds during a next chain vote.
Cetus said in an article on social networks of May 27 that its cash and tokens reserves, combined with a guaranteed loan from the SUP foundation, are sufficient to cover the $ 61 million in assets that the attacker has filled in Ethereum.
According to a May 27 posted by SuThe loan applies only to the pronounced amount outside of SU, and not to the remaining $ 162 million that the validators have already frozen on the network.
An upcoming community vote will decide to unlock the tokens that were frozen by the validators after the feat.
The DEX asked the SUP community “full support” to ensure that it can make users whole affected. Cetus also said that he would publish a step -by -step reimbursement plan regardless of the result of the vote.
Cetus feat is the ninth most large hack in the cryptography industry in terms of stolen amount, according to the Rekt News classification.
Complete recovery possible
The Foundation SUI confirmed the arrangement in a separate article, describing the loan as an “extraordinary measure” designed to restore user sales beyond what Cetus could finance alone.
The officials of the Foundation SU has declared that the community voting proposal will appear “shortly” and that the validators remain ready to move the frozen tokens if the holders approve.
In addition, the leaders of the Foundation added that the loan of the loan is in receivership and that the deployment could occur as soon as the community of intelligent contracts concludes the proposal.
Cetus interrupted all contracts on May 22 after an attacker exploited a flaw in the logic of pricing of the protocol.
Channel data indicates that the violation has resulted in a value of $ 223 million in chips, with $ 61 million transferred to Ethereum and $ 162 million interrupted by Validators Su.
Cetus contacted operating it through chain messages, offering a bonus of $ 6 million in exchange for reduced funds in Ethereum. However, the protocol did not receive an answer.
Project developers said they “deeply regret the impact” and “will immediately start recovery” once they finalize the reimbursement distribution mechanisms.
Cetus reiterated that the reconstruction of user confidence remains its priority and is committed to providing periodic progression updates. The protocol did not disclose calendar for code corrections or resumption of trading.
