Project 0 updates the Drift incident response progress; the affected user loss allocation calculation will 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 caused by the Drift vulnerability incident: the plan is to complete all loss socialization work (loss sharing calculation and notification work) for all Drift affected users within the day, no later than tomorrow, and to publish all calculation methods and procedures 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 compensated after fund recovery. (Source: Foresight News)