Aave outlines post-hack plan for rsETH and frozen ETH

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Aave outlined follow-up measures after the rsETH hack. The plan includes burning the hacker’s liquidated rsETH position on Arbitrum and addressing the over-issued rsETH supply. Aave said withdrawals would resume after the rsETH bridge is normalized, and it may take a separate loan to compensate users while frozen ETH awaits a court decision.

AAVE-0.06%
ETH-1.34%
ARB-2.24%
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