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Kelp DAO Burns Exploiter's rsETH on Arbitrum, Plans Two-Week Withdrawal Reopening: Kelp DAO

The Defiant·
Kelp DAO Burns Exploiter's rsETH on Arbitrum, Plans Two-Week Withdrawal Reopening: Kelp DAO
AI Analysis

Kelp DAO has taken decisive action by burning the exploiter's rsETH tokens and is implementing a recovery plan to restore liquidity through Aave's Recovery Guardian multisig. Withdrawals are set to resume in two weeks, indicating a structured approach to recovery after the attack.

Key Topics

Kelp DAOrsETHAaveArbitrum

Originally reported by The Defiant. Read the full article ↗

Kelp DAO Burns Exploiter's rsETH on Arbitrum, Plans Two-Week Withdrawal Reopening: Kelp DAO | AI Crypto Daily Wire