Elemental, a DeFi protocol, has announced the resumption of normal operations following the completion of markdowns. The final markdown figures confirmed were an 87.51% markdown for SOL 1 and 2 vaults and a 62.10% markdown for the USDC Lend vault. With markdowns finalized, all affected vaults have been fully restored, allowing users to freely unstake, withdraw, or deposit funds.
Additionally, Elemental has integrated its Beta environment into the main platform and introduced a "History" tab to ensure full transparency of account activities. The protocol emphasized its commitment to enhancing security measures and expressed hope for partial compensation from Drift.
Elemental DeFi Protocol Resumes Operations After Markdown Recovery
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