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Elemental resumes normal operations, the damaged SOL and USDC vaults complete write-downs
ME News Report, April 5th (UTC+8), DeFi protocol Elemental announced via Twitter that it has resumed normal operations. Final data has now been confirmed, with SOL Vaults 1 and 2 reduced by 87.51%, and USDC Lend Vault reduced by 62.10%. After the reductions, all affected vaults have fully recovered, and users can freely unstake, withdraw, or deposit. Additionally, the platform has merged the Beta environment into the main platform and launched a history record to improve transparency. (Source: PANews)