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BlockBeats News, May 11th, the Sky Ecosystem announced today that the cross-chain bridge of USDS OFT on the Solana network has resumed operation. The bridge was temporarily paused earlier due to a security review related to the rsETH exploit.
According to Sky, throughout the review process, both the Sky Protocol and USDS contract were unaffected. USDS has always maintained full collateral as designed in the protocol and can be verified on-chain at any time.
This pause was a precautionary measure. With the completion of the security review, the USDS cross-chain bridge on Solana has been reopened, while the bridge to Avalanche will resume after further review in the subsequent steps.
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