Aave Liquidates Kelp DAO Attacker’s Remaining rsETH Positions

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Aave said it liquidated the Kelp DAO attacker’s remaining rsETH positions as part of the recovery plan for the $292 million exploit. The collateral will move to the Recovery Guardian multisig managed by DeFi United, which is working to restore rsETH backing and compensate affected users. Aave previously said governance temporarily adjusted the rsETH oracle price to force the liquidation and will restore the oracle after the process ends.

AAVE1.92%
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