Elemental has resumed normal operations, and the damaged SOL and USDC vaults have been written down.

CoinFeed reported on April 5th that DeFi protocol Elemental tweeted that it has resumed normal operations. Final data has now been confirmed: the SOL 1 and 2 vaults suffered an 87.51% write-down, and the USDC Lend vault suffered a 62.10% write-down. Following the write-down, all affected vaults have fully recovered, and users are free to unstake, withdraw, or deposit. Furthermore, the platform has merged the Beta environment into the main platform and introduced historical records to improve transparency.