Sky: USDS cross-chain to Solana resumes operation, will reopen after security audit completion
BlockBeats news, on May 11, Sky Ecosystem stated today that the USDS OFT cross-chain bridge on the Solana network has resumed operation, after having been temporarily suspended due to security audits related to the rsETH vulnerability.
According to Sky, throughout the entire audit period, Sky Protocol and the USDS contract were not affected, USDS always remained fully collateralized as designed by the protocol, and could be verified on-chain at any time.
This suspension was a preventive measure. With the completion of the security audit, the USDS cross-chain bridge on Solana has reopened, and the bridge to Avalanche will resume after further review is completed.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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