Project 0 updates on the Drift incident resolution progress, loss allocation for affected users will be completed by tomorrow at the latest

Foresight News reported that MacBrennan, co-founder of Project 0, released a morning update detailing the response goals during the operational suspension caused by the Drift vulnerability incident: they plan to complete the socialization of all losses for Drift-affected users (including loss apportionment calculation and notification) by the end of the day, at the latest by tomorrow, and will disclose all calculation methods and processes before resuming operations.

Project 0 stated that Drift lenders will bear losses proportionally, while non-Drift lenders in the unified fund pool may see a maximum impairment of approximately 2%. Currently, loss estimation is based on the most conservative scenario of Drift assets going to zero. The actual situation may improve depending on Drift’s forthcoming asset allocation plan. All users affected by the impairment will be snapshotted and compensated after the funds are recovered.