After an extensive review of procedures by @OpenZeppelin, independent Ethereum researchers, and white hats, the Radiant DAO Council has unpaused its lending and borrowing markets on Arbitrum. Users are free to use all available lending and borrowing markets. Native USDC will be brought live over the coming days after additional reviews due to the increased complexity of doing so safely. A Snapshot proposal for the DAO regarding the methodology to repay the excess debt and fully recapitalize the Arbitrum WETH market will go up for a vote shortly. The liquidation bonus will initially be set to 1bps (lowest it can be set) to allow for a grace period for users to improve health scores, and will gradually be increased back to normal levels over the next 24 hours. Users whose collateral is liquidated due to asset price changes during the pause period will be handled case-by-case. An analysis by @Chaos_Labs has shown that the total collateral at risk of liquidation was <$100K, and with a liquidation bonus of only 1bps, this should be even further minimized. If you believe you have been impacted, please submit a ticket at https://support.radiant.capital/. Users with health scores below the liquidation threshold should use this period to increase collateral or will face liquidation after the grace period. Chaos Labs and Radiant will closely monitor debt during this grace period to ensure that the protocol does not accumulate additional bad debt, and liquidation bonuses will be returned to normal levels within 24 hours.