Reflect launches recovery plan for USDC+holders affected by Drift hack incident

Reflect has initiated an independent voluntary recovery program for USDC+holders affected by the Drift hacking incident. Holders can sell their positions to Palindrome Engineering within 180 days at a price of 0.20 USDC per unit plus 80 Reflect Credit. The plan is funded in advance by Palindrome Engineering, and participants waive their right to claim Drift in exchange for immediate liquidity.