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After causing major panic in DeFi with a nearly $292 million exploit last month, Kelp DAO and Aave are finally resuming rsETH operations again.
According to the update, the main recovery process has been completed, including burning the exploited tokens and gradually restoring rsETH reserves .
The whole situation became one of the biggest DeFi exploits this year and reminded many people that sometimes the biggest risks aren’t the smart contracts themselves… but the cross-chain infrastructure behind them.
Now the market is watching whether confidence in rsETH can fully recover — or if traders are still too shaken after the incident.
#GateSquareMayTradingShare