Venus responds to the Kelp incident: No rsETH open position, proactively adjusting the collateralization ratio of six asset categories to 0

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ME News reports that on April 19th (UTC+8), Venus Protocol tweeted that the platform has zero exposure to rsETH and has not incurred any bad debt, ensuring user funds are safe. As a precaution, based on the risk management advice from Allezlabs, the platform has temporarily adjusted the collateral factors for the following six asset categories to 0: USDe, sUSDe, SolvBTC, xSolvBTC, USD1, XAUM. Users can still directly repay and withdraw the above assets through the Venus UI, and updates will be issued once the collateral ratios return to normal. (Source: Foresight News)

USD1-0.01%
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