coin-img-ETHETH-0.90%coin-img-BTCBTC-0.60%coin-img-SOLSOL-2.50%coin-img-XRPXRP-2.21%coin-img-USDCUSDC+0.01%coin-img-KFCKFC+0.00%coin-img-CDDCDD-52.75%coin-img-SIRENSIREN+35.92%coin-img-ETHETH-0.90%coin-img-BTCBTC-0.60%coin-img-SOLSOL-2.50%coin-img-XRPXRP-2.21%coin-img-USDCUSDC+0.01%coin-img-KFCKFC+0.00%coin-img-CDDCDD-52.75%coin-img-SIRENSIREN+35.92%coin-img-ETHETH-0.90%coin-img-BTCBTC-0.60%coin-img-SOLSOL-2.50%coin-img-XRPXRP-2.21%coin-img-USDCUSDC+0.01%coin-img-KFCKFC+0.00%coin-img-CDDCDD-52.75%coin-img-SIRENSIREN+35.92%coin-img-ETHETH-0.90%coin-img-BTCBTC-0.60%coin-img-SOLSOL-2.50%coin-img-XRPXRP-2.21%coin-img-USDCUSDC+0.01%coin-img-KFCKFC+0.00%coin-img-CDDCDD-52.75%coin-img-SIRENSIREN+35.92%

Elemental Restores Normal Operations Following SOL and USDC Vault Write-Downs

Elemental said it has resumed normal operations, according to ME News. In an update posted on April 5 (UTC+8), the DeFi protocol confirmed final figures showing an 87.51% write-down for its SOL 1 and SOL 2 vaults, and a 62.10% write-down for the USDC Lend vault. The platform said the impacted vaults have now been fully restored after the adjustments, enabling users to unstake, withdraw, and deposit funds without restrictions. Elemental also merged its Beta environment into the main platform and added a transaction history feature to improve transparency. (Source: PANews)
Selected
SOL
SOL-2.16%
USDC
USDC+0.01%
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