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Gauntlet updates on Resolv vulnerability resolution: USDC Frontier has eliminated the risk and will gradually restart the vaults.
According to Jinse Finance, on March 27, DeFi research and risk management company Gauntlet announced on platform X an update on the handling progress of the Resolv vulnerability. Currently, the Base network USDC Frontier (v1) 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 in progress, and based on the existing time lock arrangements, the submission limit for the v1 market adapter is 3 days, while the removal of the v1 Vault adapter is 5 days. Gauntlet stated that it will provide further details on the remaining vaults based on subsequent updates from Resolv.