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Drift Protocol Insurance Fund opens for withdrawals ahead of relaunch
Drift Protocol confirms its Insurance Fund survived the $280M April exploit and will open for withdrawals at relaunch, backed by ~$150M in recovery funds from Tether.
Raccontata da
cryptobriefing.com
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Drift Protocol's Insurance Fund remains intact after risk pause
Drift Protocol says its USDC Insurance Fund was not affected during a recent risk incident because the protocol paused before losses hit the safety net.
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Drift Protocol Insurance Fund opens for withdrawals ahead of relaunch
Drift Protocol confirms its Insurance Fund survived the $280M April exploit and will open for withdrawals at relaunch, backed by ~$150M in recovery funds from Tether.