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The Cetus project plans to complete full recovery and restart in about a week.
PANews, May 31 - The Sui community has recently approved an on-chain proposal to release approximately $162 million that was seized during the Cetus vulnerability last week, enabling the DEX to repay users and restore full operations. The affected funds will be transferred to a multisignature Wallet and held until they can be returned to users according to the plan led by Cetus. In response, Cetus announced plans to complete the full recovery and restart in about a week, which includes data recovery, restarting the upgraded CLMM contracts, and fully restoring all paused product features (including LP functionalities) etc.