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Elemental resumes normal operations, the damaged SOL and USDC vaults have completed write-downs.
ME News update: On April 5 (UTC+8), the DeFi protocol Elemental posted on Twitter to state that normal operations have been restored. Final data has now been confirmed: SOL Vaults 1 and 2 were written down by 87.51%, and the USDC Lend Vault was written down by 62.10%. After the write-downs were completed, all affected vaults have fully resumed normal operation, and users can freely unstake, withdraw, or deposit. In addition, the platform has merged the Beta environment into the main platform and introduced historical records to improve transparency. (Source: PANews)