Protocol Operations Fully Restored
The team behind rsETH has confirmed the complete restoration of protocol operations. Services are now running normally on both the Ethereum mainnet and all integrated Layer 2 networks, indicating the ecosystem has returned to its standard operational baseline.
Key Updates and Reward Activation
With the resumption, several critical updates have been implemented:
- Exchange Rate Update: The rsETH exchange rate was refreshed at 16:45 CET today. This update fully incorporates all staking rewards accrued during the service suspension period.
- EIGEN Distribution Live: The distribution of EIGEN rewards is now active for all rsETH holders. The distribution comprehensively covers the entire previous suspension window.
- Deposits & Withdrawals: User deposit and withdrawal functionalities have been re-enabled across mainnet and Layer 2 networks.
Asset Backing and System Assurance
The project has reiterated that rsETH is now fully backed at 100% across all networks. This full collateralization on both mainnet and L2, coupled with the return of all standard operational procedures, ensures asset security and underscores the protocol's restored stability for users.