ContributionDAO has carefully considered the diverse perspectives shared across the validator community and broader ecosystem regarding the recent @CetusProtocol incident.

After thoughtful deliberation, we express our support for the @SuiNetwork proposal to recover the frozen funds through a transparent, community-driven governance process. (Vote Yes)

We remain fully committed to the long-term success of the Sui ecosystem. As we have consistently done over the past several years—through Local Community, Events, and SUI Hacker Houses—we will continue to contribute with even greater dedication and intensity.

We are proud to support the innovation emerging on Sui and look forward to building the future together. 🦾

🔗 Full details: https://t.co/mShe4jqWFF
📊 Vote tracker: https://t.co/QwwoZV6L2r

SUI together. 🌊


Cetus has requested a community-driven vote to recover the funds frozen following last week’s hack.

In response, the Sui Foundation has released code for an on-chain community vote. Sui validators can cast votes, and Sui holders can also vote directly through stake delegation. Sui Foundation stake will not be counted.

If the community vote is approved, the funds will be recovered from the attacker and held in a multisig trust account until they can be returned to accounts who had positions in Cetus. The community vote is part of Cetus’s larger recovery plan to ensure all account holders are made whole, which includes use of Cetus’s treasury and obtaining a loan from Sui Foundation.

While the validators cast votes, you, the Sui community, are represented by where your holdings are staked. You may change your stake delegation to a validator who voted in alignment with your preference. Validator votes will be displayed in public dashboards, which will be shared when the vote begins today at 1:00 PM PT.

See the blog post below for details, including code and participation information.