Gate News reports that on April 2nd, Project 0 co-founder MacBrennan issued a morning update, revealing the progress of the handling during the suspension caused by the Drift vulnerability incident. Project 0 plans to complete the socialization of losses (loss-sharing calculations and notifications) for all affected Drift users within the same day (April 2nd), with a deadline of April 3rd at the latest, and will publish all calculation methods and procedures before resuming operations. According to the plan, Drift lenders will bear losses proportionally, while non-Drift lenders will face a maximum impairment of about 2% of the unified fund pool. Currently, loss estimates are based on the most conservative scenario of Drift assets being wiped out, but actual conditions are expected to improve as Drift’s subsequent asset distribution plan becomes clearer. All users affected by the impairment will be snapshot-recorded and will receive compensation distributions after funds are recovered.
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