CETUS Sets Return Date with Security and Compensation Measures

The CETUS project is set to officially reopen on June 8, 2025, at noon. Significant security measures have been implemented, including patching vulnerabilities and applying security updates across the entire SUI ecosystem. Collaborative efforts with the SUI community and validators have led to the recovery of some hacker assets. Additionally, the CETUS foundation has secured a loan of 30 million USDC. All liquidity pools have been rebalanced, and all pricing has been readjusted. A compensation plan has been established, allocating 15% of the total supply for rewards. Of this, 5% will be immediately claimable, while the remaining 10% will be distributed linearly over a year starting June 10. The initiative aims to restore trust and stability after the hacking incident.