PANews reported on May 20th that Solana's perpetual contract protocol, Drift, announced that depositors in its Insurance Fund will be able to withdraw their staked shares once the protocol relaunches. The project stated that, according to the protocol documentation and code design, the Insurance Fund is intended to maintain the protocol's solvency in the event of losses due to liquidation or bankruptcy. The protocol was suspended due to an attack before losses were processed through normal liquidation and bankruptcy proceedings, and the Insurance Fund was unaffected. The protocol's own Insurance Fund assets will be used to support a "healthy restart" for all users, and the relevant contract address will be made public for the community to track the use of funds.
Drift: Insurance fund deposits can be withdrawn after the agreement restarts.
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Author: PA一线
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