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BTC $63,034.54 +0.13%
ETH $1,881.41 +0.10%
BNB $607.15 -0.03%
XRP $1.00 +0.45%
SOL $75.28 -0.04%
TRX $0.3310 -0.44%
DOGE $0.0695 -0.63%
ADA $0.1759 -2.13%
BCH $203.39 -0.49%
LINK $9.47 +5.40%
HYPE $56.96 +1.02%
AAVE $86.13 -0.13%
SUI $0.6772 -0.55%
XLM $0.1578 +0.02%
ZEC $486.74 -1.30%

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.
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