BTC $79,178.17 -0.93%
ETH $2,491.17 -0.12%
BNB $739.61 -1.29%
XRP $1.39 -1.21%
SOL $103.90 -1.95%
TRX $0.3343 -0.28%
DOGE $0.0898 +0.48%
ADA $0.2200 +0.07%
BCH $260.51 +1.66%
LINK $12.76 +3.02%
HYPE $85.01 -3.03%
AAVE $131.94 -1.04%
SUI $0.8253 +3.94%
XLM $0.1901 +3.46%
ZEC $1,157.32 -5.70%
BTC $79,178.17 -0.93%
ETH $2,491.17 -0.12%
BNB $739.61 -1.29%
XRP $1.39 -1.21%
SOL $103.90 -1.95%
TRX $0.3343 -0.28%
DOGE $0.0898 +0.48%
ADA $0.2200 +0.07%
BCH $260.51 +1.66%
LINK $12.76 +3.02%
HYPE $85.01 -3.03%
AAVE $131.94 -1.04%
SUI $0.8253 +3.94%
XLM $0.1901 +3.46%
ZEC $1,157.32 -5.70%

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

2025-05-24 12:04:57

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.
app_icon
ChainCatcher Building the Web3 world with innovations.