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Sui: Supports Cetus Upgrade Protocol but Will Abstain from Voting, Demands Cetus to Fully Compensate Users

Sui: Supports Cetus Upgrade Protocol but Will Abstain from Voting, Demands Cetus to Fully Compensate Users

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ChaincatcherChaincatcher2025/05/24 04:43

ChainCatcher reports that Sui's official account posted on social media stating 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 security of Cetus users' assets. After careful consideration, the Sui team decided to support its on-chain voting proposal, but with two conditions:

  • Sui's official stance will remain neutral on the voting results and will abstain from voting rights. Sui's responsibility is to design and implement 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 the assets until all users receive full compensation
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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