Optimism(OP) Permissioned Fallback Activated

$0.1196

9.72%

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As part of the planned fix, the permissioned fallback has been activated on OP Mainnet. This means that over the next ~3 weeks during the upgrade process, the Optimism Foundation is the proposer, with the Security Council retaining the right to revoke if needed.

Because of the system's design, including the fallback, user assets are not at risk. Any pending withdrawals have been reset and will need to be reproven.

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