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Project 0 updates the Drift incident response progress, with the calculation of affected user loss sharing to be completed by tomorrow at the latest.
ME News Report, April 2nd (UTC+8), Project 0 co-founder MacBrennan released a morning update, revealing the handling goals during the suspension period due to the Drift vulnerability incident: the plan is to complete all loss socialization work for all Drift affected users (loss sharing calculation and notification work) within the same day, no later than tomorrow, and to publish all calculation methods and processes before resuming operations. Project 0 stated that Drift lenders will bear losses proportionally, and non-Drift lenders will face a maximum impairment of about 2% of the unified fund pool. Currently, the loss estimate is based on the most conservative scenario of Drift assets being wiped out; the actual situation is expected to improve as Drift’s subsequent asset distribution plan becomes clearer. All users affected by the impairment will be snapshotted and will receive compensation after fund recovery. (Source: Foresight News)