@aave: rsETH on Ethereum mainnet is fully backed, remains frozen on Aave V3/V4

Submit
@aave
@aave

Update on rsETH incident: According to our analysis, rsETH on Ethereum mainnet is fully backed. Out of an abundance of caution, rsETH remains frozen across Aave V3 and V4 and exposure to the incident is capped. WETH reserves also remain frozen across affected markets including Ethereum, Arbitrum, Base, Mantle, and Linea. Aave is actively validating information and assessing potential resolutions.

x.com

rsETH on Ethereum mainnet is fully backed, remains frozen on Aave V3/V4

AI summary of the linked article

Aave says rsETH on Ethereum mainnet is fully backed, but it remains frozen across Aave V3 and V4 as a precaution, and exposure to the incident is capped. WETH reserves also remain frozen in affected markets on Ethereum, Arbitrum, Base, Mantle, and Linea. Aave says it is actively validating information and assessing potential resolutions.

Recommended by 1 curator
No comments yetWhat caught your eye? Start the discussion.