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Sumanth.base.eth
@sumanth
Cetus Protocol is set to relaunch on June 8, 2025, at 3:00 UTC, with full functionality restored. To restore liquidity, the team conducted an on-chain vote to recover and rebalance assets, allocated $7 million from its treasury to buy back missing tokens, and secured a 30 million USDC loan from the Sui Foundation. For user compensation, 15% of the total CETUS token supply will be distributed, with 5% available at launch and the remaining 10% vesting linearly over 12 months.
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