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Project Overview
Scroll is a zkEVM-based zkRollup on Ethereum that enables native compatibility for existing Ethereum applications and tools. It processes transactions off-chain and posts succinct proofs of correctness on-chain, resulting in higher throughput and lower costs compared to the Ethereum base layer.
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Kelp to Discontinue rsETH Cross-Chain Support on 20 Networks
: Kelp posted on X platform, stating that to ensure the security standards of rsETH and optimize network integration, it will discontinue rsETH cross-chain support for multiple networks after June 15. The affected networks include Optimism, Manta, Mode, Blast, Scroll, X Layer, zkSync, Zircuit, Swellchain, Hemi, Berachain, Sonic, HyperEVM, Unichain, TAC, Avalanche, Plasma Stable, MegaETH, Monad, and Movement.Kelp reminds users holding rsETH on the aforementioned chains to bridge it back to the Ethereum mainnet before June 15. After the deadline, asset recovery can still be requested, but a fee of 100 USDC will be charged per address. Specific procedures will be announced closer to the deadline.
MLM: TST Not Delisted by Hyperliquid Due to Validators Failing to Reach Voting Quorum
According to MLM monitoring, TST was not delisted by Hyperliquid due to validators failing to reach the quorum required for the delisting vote, while assets including MAV, MAVIA, MEW, PROMPT, SCR, USTC, YZY, and ZEREBRO were delisted.
Scroll Slashes Costs Significantly Due to Protocol Migration to Optimism and Plans to Dissolve Its Security Council
According to CoinDesk, Ethereum Layer-2 network Scroll suffered a significant capital outflow following the migration of top decentralized application Ether.fi to Optimism, resulting in a decline of approximately $160 million in total value locked (TVL) and an estimated $13 million annualized fee loss. Scroll announced plans to propose dissolving its Decentralized Security Council and reducing DAO membership to lower operational costs, with network control transitioning to its internal team. Additionally, shortly after the protocol migration, Scroll temporarily increased its network gas fees by 1,280x, causing users to overpay more than $50,000 in transaction fees; fees have since returned to normal. Following this adjustment, Scroll’s TVL dropped to approximately $23 million. The official statement confirmed that all contract changes will remain transparent and verifiable on-chain.