Kelp announced that the rsETH cross-chain bridge has officially been discontinued and will provide a one-year recovery window
Svmuu News: Kelp has announced that it has officially discontinued the rsETH cross-chain bridging service across 20 networks, but emphasized that user assets remain secure. If users have not completed the cross-chain transaction by the deadline, they can retrieve their assets through the recovery process:Users must burn their rsETH on the source chain and pay a fixed fee of 100 USDC on the Ethereum mainnet. They must then submit the transaction records for both transactions to the official team via email. The project team will settle accounts quarterly and transfer the rsETH back to the Ethereum mainnet. Users within the Movement ecosystem will follow a separate processing procedure, but the asset security safeguards remain 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 address to avoid risks.
Source:Odaily · Source Link
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