3 hours ago

Lido Reports 9% rsETH Exposure After KelpDAO Exploit

TLDR Lido confirmed that its EarnETH vault has about 9% direct exposure to rsETH after the KelpDAO exploit. Lido paused EarnETH deposits and withdrawals while curators work through the fallout. The protocol stated that stETH and wstETH remain unaffected by the incident. The KelpDAO exploit involved 116500 rsETH valued at around $292 million at the [...]

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Source: Blockonomi →