CoinWorld News reports that regarding the attack incident in October involving approximately 58 million USD, the multi-chain lending protocol Radiant Capital has released an update on platform X stating: ① Recovery of lost funds and fundraising for rescue funds: Related work is currently in progress, but no significant progress or positive updates have been made yet. ② Remedial plan: A comprehensive community proposal is about to be resubmitted to the DAO for voting. After the review and mediation phase by the council, the process is expected to be smoother; a separate proposal addressing unlimited authorization losses is expected to be drafted in the first quarter; this remains a complex and sensitive issue that needs to be handled with care. ③ Council election: Another proposal is in the community collaboration phase and is about to begin the governance process to elect a new community council, replacing the first council as stipulated in the DAO charter; thereafter, council elections will be held annually.