Solana ecological DEX Cypher will carry out IDO in advance and airdrop 50 million tokens to damaged users

Odaily Planet Daily News According to the official announcement, Solana ecological DEX Cypher plans to carry out IDO in advance (originally scheduled for the end of September) to fill the project treasury and compensate users damaged by the attack. The token supply is 825 million, of which 45.5% of the tokens will be sold to the public, 23% will be allocated to the team, 10.9% will be allocated to investors, 1.2% will be allocated to advisors, 12.1% will be used for growth incentive programs, and another 7.3% Will be used for airdrops. Cypher stated that it will airdrop 50 million tokens to users directly affected by the attack, and this airdrop will be performed according to the remaining loss ratio of users. According to previous news, Cypher was hacked and lost about $1 million in cryptocurrency. Cypher later stated that 600,000 stolen funds have been successfully frozen in CEX. The return of these funds will depend on the cooperation of the exchange and the seizure issued by law enforcement agencies. make.