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TRX $0.3282 +0.60%
DOGE $0.0704 +0.53%
ADA $0.1699 +4.40%
BCH $218.35 +3.95%
LINK $8.48 +2.61%
HYPE $53.94 -1.70%
AAVE $98.61 +0.48%
SUI $0.6953 +1.72%
XLM $0.1723 -0.06%
ZEC $474.63 +2.72%

Sui: Supports the Cetus upgrade protocol but will forgo voting, requiring Cetus to fully compensate users

2025-05-24 12:04:57
Collection

ChainCatcher message, Sui officials stated on social media that earlier today, Cetus initiated a community voting proposal to return frozen funds through a protocol upgrade (without rolling back on-chain records or reversing transactions). This is a special request under special circumstances—concerning the asset security of Cetus users. After careful consideration, the Sui team decided to support its on-chain voting proposal, but with two additional conditions:

  • Sui officials will remain neutral on the voting results and waive their voting rights. Sui's responsibility is to design and execute a decision-making process that reflects the collective will of the Sui community (specific plans and code will be announced soon).
  • Cetus must publicly commit to using all financial resources to recover assets until all users receive full compensation.
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