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Solana side. Idea is that wETH gets locked on eth side and then wormhole-eth tokens get minted to represent them on solana. Those locked tokens on eth just got stolen so now nothing backs the solana side tokens
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Not just solana… Wouldn’t this mean that all ETH bridged to other chains using wormhole (i.e. terra, avalanche, bsc, etc.) are affected? Or is there a separate contract deployed on ethereum for each chain?
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Could be wrong but I believe different contracts would be deployed for different wrappers/chains. If they’re shared that’s absolutely brutal design
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I just read on the wormhole page that you don't need to "wrap twice" that UST for example is the same on all chains 😬
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