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Aave and Kelp Complete First Step of rsETH Recovery, Destroy 117,132 rsETH on Arbitrum

GateNews
Security IncidentsProject Progress
AAVE3.65%
ARB0.48%
ETH0.86%
According to ChainCatcher, Aave and Kelp have completed the first phase of their rsETH recovery plan, destroying attacker-held rsETH on Arbitrum. Over the coming days, the parties will gradually replenish funds to LayerZero's OFT adapter and phase in the restart of rsETH operations, with 117,132 rsETH set to be injected into the Ethereum mainnet adapter.
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