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Aave announces Kelp DAO sends the penultimate batch of rsETH

MeNews
ME News Report, May 23 (UTC+8), Aave official announced that the liquidity re-staking protocol Kelp DAO has sent the penultimate batch of rsETH to the rsETH LayerZero locking contract. The remaining portion will be sent on Monday, at which point rsETH asset backing will be fully restored. Aave stated that the loan-to-value ratio of WETH has returned to pre-event levels, and all markets are currently operating normally. (Source: MLion)
AAVE-2.83%
ZRO-4.77%
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OracleSkeptic
· 5h ago
How's WETH doing? The news has gone silent.
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PineNeedlesAndColdWind
· 5h ago
Aave's endorsement this time is quite timely, and the transparency of information is a plus.
View OriginalReply0
OldBlackVelvetKey
· 6h ago
See you on Monday, hopefully nothing unexpected happens.
View OriginalReply0
PunkRiskMgr
· 6h ago
LayerZero's lock-up step is quite steady, Kelp DAO's execution capability is good.
View OriginalReply0
NightFlightPancake
· 6h ago
The penultimate batch... This wording sounds like a countdown to the college entrance exam haha
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GateUser-e130bc45
· 6h ago
Finally, Monday has arrived. Once rsETH fully recovers, it should stabilize for a while.
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0xLateBreakfast
· 6h ago
Liquidity re-staking is a difficult path; being able to execute according to plan is already considered good.
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GateUser-55f70f75
· 6h ago
After full recovery, the pegging of rsETH should be more stable. Waiting eagerly for Monday.
View OriginalReply0
MountainSilhouetteBeforeThe
· 6h ago
Kelp DAO's move is probably a reassurance to the market.
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