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It’s truly impossible to use the chain right now: Kelp DAO was hacked, resulting in a loss of approximately $292 million (116,500 rsETH, representing 18% of the circulating supply). The attacker exploited a vulnerability to mint 116,500 reETH and used them as collateral across multiple protocols—including AAVE, Compound, and Euler—to borrow WETH, causing defaults across these lending platforms. Please immediately check your funds in all lending protocols and withdraw what you can—this incident may impact numerous protocols.

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