- SUI calls for $ 10 million in thanks, bug bounty and developer tools after Cetus EveLoit.
- Governance voting and prices are a decline in Sparks, but there are signs of recovery on TVL and metrics.
Recently, in response to Cetus Hack and Mounting Community Backlash, the SUI Network (SUI) has released a $ 10 million security initiative aimed at strengthening the ecosystem. This inspection focuses on auditing, bug bounty and improved developer tools.
SUI’s mammoth security fund
A $ 10 million security fund of SUI Network was announced and was announced with the official explanation of what happened.
Source: X
The network explained that $ 222 million in the CETUS protocol is not a defect in the SUI blockchain or mobile programming language, but from the bugs of CETUS’s Custom Math library. The team also admitted that the user influence is reflected in a wider network.
Importantly, they were convinced that these allocation would cooperate with the developer community to cooperate with the DAPP Builder’s joint responsibility and long -term elasticity.
Governance from fire
Source: TradingView
Source: Defillama