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Sui Validators Approve Fund Recovery Plan as Cetus Revenue Hits All-Time High

Sui Validators Approve Fund Recovery Plan as Cetus Revenue Hits All-Time High

Global Cryptocurrency
Release Time:
2025-05-31 02:25:01
0

Sui validators have overwhelmingly endorsed a fund recovery proposal, with 90.9% voting in favor, according to recent network updates. The early-concluded vote signals strong community governance and marks a pivotal step in restoring trust after a prior exploit disrupted user confidence.

The approved plan involves transferring affected funds to a SAFE multi-sig wallet, managed under a roadmap guided by Cetus—a key player in the Sui ecosystem. This MOVE underscores the network’s commitment to decentralization and transparency.

Cetus revenue has surged to an all-time high, reflecting revived user engagement and heightened network activity. The coordinated recovery effort, backed by validator consensus, highlights growing cohesion within the sui community.

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