Manta Network: wUSDM > USDC withdrawals are being processed, first batch of conversions expected to be completed by April 1
Manta Network posted on the X platform that wUSDM > USDC withdrawals are being processed and the funds are safe. It stated that wUSDM withdrawals are bridged to the ETH mainnet through this native bridge. As an optimistic rollup, Manta Pacific has a 3-day challenge period during which the withdrawn funds are locked to detect any fraudulent activity. optimistic rollup inherent safety measures. After 3 days, Mountain Protocol will receive the funds and process the request. Officials expect the first batch of wUSDM > USDC conversions to arrive at L1 withdrawal addresses before the end of April 1, 2024.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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