🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
The Cetus project is Open Source, and the damaged fund pool has nearly fully recovered.
Gate News bot message, the Sui ecosystem DEX Cetus team, which was previously attacked by hackers, recently stated that the team is moving towards complete Open Source and has launched a new "white hat bounty program" to "encourage collective technical and security contributions."
As part of the protocol restart, the team has fixed the software vulnerabilities that led to the Hacker attack, restored the pool data to the correct pricing, and conducted security audits on all code fixes and contract upgrades.
The affected liquidity pool has been replenished with a cash reserve of $7 million, a $30 million USDC loan provided by the Sui Foundation, and some assets recovered from the attacker.
However, not all damaged funds pools have fully recovered, and the current recovery rate is between 85% and 99%, depending on the extent of the losses in the funds pool during the attack.
As part of the compensation plan for affected users, 15% of the protocol's native token CETUS will be reserved, with 5% available immediately and the remaining 10% unlocking linearly each month over the next year starting from June 10.
Source: Cointelegraph