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Gate Square New & Returning Creator Rewards are ongoing!
Your ideas may be more valuable than you think!
Make your first post or come back post to share a $20,000 monthly prize pool!
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2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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The Sui ecosystem Cetus has restarted today: allocating 15% Token to compensate users and receiving a loan support of 30 million USDC from the Sui Foundation.
On June 8, Cetus, the Sui ecological liquidity platform, officially announced that it will restart at 9 UTC+8 today. Users will be able to access all of Cetus’ features, including trading, managing liquidity positions, adding/removing liquidity, and claiming fees and rewards, with liquidity recovery rates ranging from 85% to 99% for affected pools. Cetus will allocate 15% of the token supply to compensate the contract, of which 5% will be immediately claimable upon reboot and 10% will be unlocked linearly over 12 months from June 10, 2025. The Cetus team said it has invested about $7 million in all available cash reserves and secured a loan of 30 million USDC from the Sui Foundation to support the recovery. At the same time, the team is taking legal action in multiple jurisdictions to recover the remaining stolen funds.