Coinugget SymbolCoinugget
(24h)
0
Connection Status
Solana Community Splits Over Drift's Controversial Recovery Token and Planned Q2 Comeback

Solana Community Splits Over Drift's Controversial Recovery Token and Planned Q2 Comeback

Bearish
DRIFTSOL
Crypto Economy

Issuance of a recovery token at a rate of 1 unit for every 1 USD of verified loss for affected users. The recovery fund starts with $3.8 million in USDT, with a goal to activate redemptions upon reaching $5 million. Tether commits to matching capital deployments of up to $127 million to support solvency.

View original

The original article is written in English.