Aave has successfully completed the first phase of its technical recovery plan for rsETH, which included the destruction of rsETH held by attackers on the Arbitrum network. According to Kelp DAO, the next steps involve Aave Recovery Guardian and Kelp Recovery Safe gradually reinjecting 117,132 rsETH into the Ethereum mainnet via the LayerZero OFT adapter. This process will unfold over the coming days to restore normal rsETH operations.
Aave Completes First Phase of rsETH Recovery on Arbitrum
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
