Aave liquidates Kelp DAO attacker’s remaining rsETH positions
The Block
Aave has liquidated the Kelp DAO attacker’s remaining rsETH positions to support a community-led recovery effort for affected users.Summary
Lending platform Aave has completed the liquidation of the Kelp DAO attacker’s remaining rsETH collateral. The proceeds are being transferred to the Recovery Guardian, a multisig wallet managed by the DeFi United initiative, to restore the backing of rsETH and compensate victims of the $292 million exploit. This action follows a specific governance vote to temporarily adjust the rsETH price oracle, a measure that will be reverted once the process concludes.
(Source：The Block)