There's a new update on the Drift hack: each affected wallet will receive Recovery Tokens (1 Recovery Token = $1), distributed based on the snapshot balance + position snapshot at the time the protocol was paused on April 1. Currently, the protocol has about $3.8M in remaining assets. The team has set up a recovery fund to cover the losses. The main sources of income include: · Protocol revenue · Tether matching deployment: up to $127.5M (based on previous quarterly revenue). · Other partner capital: up to $20M. Redemptions will open once the fund exceeds $5M: Redemption price = Current fund value ÷ Total supply of unredeemed Recovery Tokens. Tokens can be redeemed at any time (burned in one go), but early redemption = forfeiting all remaining claims. Once the fund matures (reaches the total loss amount), tokens can be redeemed at face value or higher. All things considered, in an ideal scenario, this could take years or even decades of waiting! Wishing for the goal to be achieved sooner rather than later—after all, I want to recover my funds ASAP too!