Completion of rsETH Settlement as Recovery Efforts Transition to a New Phase



Aave has completed the liquidation of remaining positions linked to rsETH related to the Kelp DAO exploit, with the associated assets now expected to be transferred into a separate recovery fund.

This marks an important step in managing the broader repercussions surrounding the rsETH ecosystem issue. Instead of allowing unresolved bad debt to continue exerting pressure on the system, the liquidation process helps restore balance and minimize uncertainty across affected liquidity pools.

From my perspective, the key point is not only the liquidation itself but also the coordinated response speed across the entire DeFi industry.#GateSquareMayTradingShare
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