@aave
@aave

Update on rsETH incident: WETH reserves on the Ethereum Core V3 market have been unfrozen and users can supply WETH to Ethereum Core V3 again. WETH LTV remains at 0. WETH reserves on Ethereum Prime, Arbitrum, Base, Mantle, and Linea remain frozen. Aave service providers will continue to work on next steps and provide updates accordingly.

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by mishaderidder.eth12653 🥝 • 2mo • firefly.social
Recommended by 1 curator
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What exactly does this mean or do?
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It's a cautious partial reopening. Aave is signaling that the biggest market Ethereum Core is safe enough for deposits again, but it's not yet comfortable letting WETH back borrowing or unfreezing smaller chains
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