Cetus Dey Talk Say Dem Go Try Recover $162M Afta Exploit, Plus Dem Don Suspend xCETUS Staking Rewards for Sui DEX For Now

Cetus, wey be decentralized exchange wey dey on Sui network, don take big steps afta one serious attack wey make $162 million wey dey their assets freeze. Because of dat, Cetus do one community vote on top one protocol update to recover the moni wey dem thief, with the aim to carry all dis assets put for one multisig wallet wey Cetus, Sui Foundation, and OtterSec go manage, con eventually return am back to the users wey dem affect. The vote need more than 50% of staked SUI participants and majority approval, wey show how important decentralized governance be. At the same time, Cetus announce say dem don successfully distribute dis week xCETUS staking rewards, but because of operational adjustments and dem don temporarily stop their Concentrated Liquidity Market Maker (CLMM) pools, xCETUS staking rewards go pause for next week. Dis short-term stop fit affect staking returns and how dem manage liquidity, even though dis week rewards no affect because dem register am before the change. All dis updates show say dem dey actively manage the crisis and adjust their operations, with possible implications for user trust and how people feel about risk inside the Sui DeFi ecosystem.
Neutral
Di news bring good and bad tings for Cetus and di Sui ecosystem. Di exploit wey happen and di stop for xCETUS staking rewards fit make users dey careful, and e fit affect how dem trust am for small time and how dem go join. But di way dem quick bring proposal to fix am, di clear way dem dey manage am, and di promise to return di money wey dem thief fit help bring back user trust and make di protocol name strong for long term. Because of di mix of risk and how dem dey quick respond, di immediate price effect on SUI and xCETUS go be neutral, since traders fit dey wait for di outcome of di recovery before dem make big moves.