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Kelp announces that rsETH cross-chain bridging has officially ended, with a one-year recovery window provided

2026-06-20 08:40:17

ME News Report, June 20 (UTC+8), Kelp announced that it has officially ceased cross-chain bridging services for rsETH on 20 networks, but emphasized that user asset backing remains secure. If users have not completed cross-chain operations before the deadline, they can recover assets through a recovery process: destroy rsETH on the source chain, pay a fixed fee of 100 USDC on the Ethereum mainnet, then submit the two transaction records to the official team via email. The project team will settle quarterly and re-transfer rsETH back to the Ethereum mainnet. Movement ecosystem users will follow an independent processing procedure, but the asset security guarantee mechanism remains the same. Kelp stated that this recovery window will remain open until June 15, 2027, and reminded users to submit requests only through this email to avoid risks. (Source: ODaily)

ETH2.32%

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