Wu said that Drift Protocol has published a recovery plan following the April 1 vulnerability incident, stating that all affected wallets will receive Recovery Tokens. These tokens represent the verified losses incurred by the affected parties and proportional rights to claim from the recovery fund pool, where 1 Recovery Token corresponds to 1 US dollar of verified loss. The recovery fund pool’s initial capital is approximately 3.8 million US dollars, sourced from the protocol’s remaining assets and already converted into USDT. Going forward, it will continue to be increased through a portion of the exchange’s net revenue, partner capital, and a matching deployment by Tether of up to 127.5 million US dollars. Drift stated that when the fund pool exceeds 5 million US dollars, redemptions will be opened. Users will be able to redeem at any time, but redeeming early will forfeit the remaining claim rights. Previously, Drift Protocol suffered a theft totaling 280 million US dollars.

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