Project 0 co-founder MacBrennan has provided an update regarding the handling of the Drift vulnerability incident. According to Foresight News, the team aims to complete the socialization of losses for all affected Drift users within the day, with the latest completion by tomorrow. Before resuming operations, they will disclose all calculation methods and processes.
Project 0 stated that Drift lenders will bear losses proportionally, while non-Drift lenders may face a maximum devaluation of approximately 2% in the unified fund pool. The current loss assessment is based on the most conservative scenario of Drift assets being reduced to zero. However, the situation is expected to improve as Drift's asset distribution plan becomes clearer. All users affected by the devaluation will be recorded via snapshot and will receive compensation distribution once funds are recovered.