Gauntlet Update on Resolv Vulnerability Handling Progress: USDC Frontier has been de-risked and will gradually restart the treasury.

RESOLV-9,51%

Gate News reported that on March 29, DeFi research and risk management firm Gauntlet posted an update on the X platform regarding the progress of the Resolv vulnerability fix. Currently, USDC Frontier (v1) on the Base network has been removed from all Resolv markets, with no bad debt risk. The v1 and v2 vaults have now reopened for deposits, and Morpho will remove the interface warning tomorrow. The mainnet USDC Frontier (v2) vault restart operation is underway, and based on the existing timelock arrangements, the submission limit for the v1 market adapter is 3 days, while the removal of the v1 Vault adapter is set for 5 days. Gauntlet stated that they will provide further details on the remaining vaults based on subsequent fixes from Resolv.

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