LayerZero bridging for both sUSDe and USDe is now back live across all chains following the temporary pause.
We've strengthened security by increasing DVNs from 2/2 to 4/4 across all chains with the existing rate limits of $10m per hour.
We will continue providing updates as necessary.
As we have not yet received a satisfactory root cause analysis for the rsETH incident, we are extending the temporary pause on the OFT bridge.
We understand this is frustrating, but believe this is the prudent step to ensure safe cross-chain movement of your assets.
We have published a new Proof of Reserves, verified by our four independent third-party attesters: Chainlink, Chaos Labs, LlamaRisk, and Harris & Trotter, confirming USDe collateral backing remains >100%.
Results are available on our transparency page and the dashboards below:
We will continue to provide updates as we receive them.