TLDR Tech / Crypto
Aave Publishes Technical Implementation Plan to Restore rsETH Backing
DeFi United, a coalition of ecosystem participants, has published the full technical implementation plan to restore KelpDAO's rsETH backing following the April 18 bridge exploit, where a forged inbound packet on the Unichain-to-Ethereum route released 116,500 rsETH without a corresponding burn. The exploiter distributed the rsETH across multiple addresses, supplied portions as collateral on Aave V3 (Ethereum and Arbitrum) and Compound, with seven addresses still holding active rsETH-backed positions. The plan covers the full path to making rsETH whole and resuming normal market operations, a critical test of DeFi's ability to coordinate post-exploit recovery at scale.
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