Cetus Protocol is set to make a triumphant return at 3:00 UTC on June 8, 2025, after a period of downtime. The team has taken significant steps to ensure a smooth relaunch, including recovering assets through an on-chain vote and rebalancing them. Additionally, they have committed $7 million from their treasury to repurchase missing tokens and secured a 30 million USDC loan from the Sui Foundation. This substantial financial backing will provide the necessary liquidity for the protocol to operate at full capacity upon relaunch. One of the key aspects of the Cetus Protocol relaunch is the compensation plan for CETUS token holders. The compensation will cover 15% of the total token supply, with 5% being claimable at launch. The remaining 10% will vest linearly over a 12-month period, providing long-term incentives for holders to continue supporting the protocol. This compensation plan is designed to reward early adopters and stakeholders who have stood by the project during its downtime. The relaunch of Cetus Protocol marks a significant milestone for the project and its community. With the financial support from the treasury and the Sui Foundation, as well as the compensation plan for token holders, the protocol is well-positioned for a successful return to the market. The team's commitment to recovering assets, rebalancing, and securing funding demonstrates their dedication to ensuring the long-term success of the project. As Cetus Protocol prepares to relaunch on June 8, 2025, at 3:00 UTC, the cryptocurrency community will be closely watching its performance and the impact of the compensation plan on token holders. The project's ability to bounce back from downtime and establish itself as a prominent player in the decentralized finance space will be a testament to the resilience and vision of its team and community.
