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Gauntlet updates on Resolv vulnerability mitigation progress, USDC Frontier has eliminated the risk and will gradually restart the vaults.
According to Mars Finance, the DeFi research and risk management company Gauntlet has posted an update on the progress of the Resolv vulnerability handling on the X platform. The 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 currently underway. Based on the existing time lock arrangements, the submission cap for the v1 market adapter is 3 days, and removing the v1 Vault adapter is 5 days. Gauntlet stated that further details on the remaining vaults will be provided based on subsequent fixes from Resolv.