Gauntlet updates on the progress of resolving vulnerabilities, USDC Frontier has lifted the risk, and the treasury will gradually restart

DeFi research and risk management company Gauntlet posted an update on the X platform regarding the progress of the Resolv vulnerability handling. The USDC Frontier (v1) on the Base network has been removed from all Resolv markets, with no bad debt risk.

The v1 and v2 vaults are now reopened for deposits, and Morpho will remove the interface warning tomorrow. The restart operation for the mainnet USDC Frontier (v2) vault is underway. Based on the existing time lock arrangements, the submission limit for the v1 market adapter is 3 days, and the removal of the v1 Vault adapter is 5 days. Gauntlet stated that further details about the remaining vaults will be provided based on subsequent fixes from Resolv.