Kelp says rsETH bridging was retired after June 15, 2026 on sunset networks including Optimism, Scroll, zkSync, Avalanche, MegaETH, Monad, Movement, and others, but the Ethereum mainnet backing remains claimable. EVM holders have until June 15, 2027 to recover by converting wrsETH where needed, burning rsETH on the source chain, paying a flat 100 USDC fee on Ethereum mainnet, and emailing both tx hashes to [email protected]. Kelp will settle verified claims quarterly in equivalent rsETH on Ethereum mainnet; Movement users transfer to Kelp’s recovery Safe and must pass an extra exact-amount MOVE challenge because Movement is non-EVM.

TLDR by @Benthic

More coverage

Explore the topic

More on $USDC

Comments