🛡️ Update: @aave confirms the core system is secure! rsETH on Mainnet remains fully backed. Latest update from Aave following the @KelpDAO exploit (~9.3 billion THB). ✅ Mainnet unaffected: Aave confirms rsETH on Ethereum Mainnet is still fully collateralized. ❄️ Freeze implemented to mitigate risk: Temporary suspension of rsETH and WETH transactions on Ethereum, Arbitrum, Base, Mantle, and Linea to lock liquidity and contain bad debt. 🛡️ Aave system not compromised: Aave’s smart contracts remain 100% secure. The damage resulted from external factors (Kelp/LayerZero), and the team is actively working to resolve the incurred bad debt. #Aave #KelpDAO #rsETH #DeFi #CryptoUpdate
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