Aave: DeFi United Releases Plan to Restore KelpDAO rsETH Backing According to Aave, DeFi United released a plan to restore KelpDAO rsETH backing after the April 18 bridge incident, which caused 116,500 rsETH to be abnormally released from the Ethereum-side adapter.
Aave: DeFi United Releases Plan to Restore KelpDAO rsETH Backing According to Aave, DeFi United released a plan to restore KelpDAO rsETH backing after the April 18 bridge incident, which caused 116,500 rsETH to be abnormally released from the Ethereum-side adapter. The plan will use committed ETH funding to refill the affected lockbox and temporarily adjust the rsETH oracle price through governance to clear exploiter-related positions on Aave and Compound.
WETH and rsETH markets across multiple chains will remain frozen until normal operations resume. — link