Ngô Quang Đạo (AskSock)

#Chainlink is the only all-in-one platform offering the data, compute, and interoperability services needed to enable tokenized assets at scale. Hundreds of trillions to bring onchain. One solution.

After an extensive security review, we have decided to deprecate @LayerZero_Core bridges for SolvBTC and xSolvBTC, and migrate to @Chainlink CCIP as our official cross-chain infrastructure solution for $700M+ in tokenized BTC (SolvBTC & xSolvBTC). In light of recent industry events, Solv reviewed its existing bridges and found that CCIP provided the strongest security assurances through its secure-by-default architecture, native risk controls and proactive monitoring. Through CCIP, we are providing our users with the highest assurance that the most secure infrastructure is securing all cross-chain transfers. Furthermore, CCIP because it is widely regarded as the gold standard for decentralized interoperability and officially recognized by the @WhiteHouse as critical infrastructure for the digital asset ecosystem. This migration reinforces Solv’s unwavering commitment to delivering institutional-grade protection for our users. Learn more: insights.solv.finance/solv-protocol-…

Tydro is migrating from its existing oracle to @chainlink. The pause is still in effect as a precautionary measure as we test and complete the upgrade. User funds remain safe, liquidations are currently disabled, and a grace period will be implemented upon unpausing. Markets will resume once migration is complete. We appreciate your patience during this time. Please follow official channels for future updates.

x.com/i/article/2051…

After the recent LayerZero exploit, we are taking steps to ensure rsETH is fully secure, which is why we are migrating to @chainlink CCIP. From the April 18 incident, it is clear that LayerZero's own infrastructure was exploited, resulting in $300M in losses across DeFi. Independent reports from SEAL 911, Chainalysis, and other major leading security researchers all point to the same origin. There are questions that the ecosystem deserves answers to. And we are ensuring rsETH is secured by infrastructure that doesn't leave these questions open. That’s why we’re setting the record straight.