TechFlow News, April 28: According to an official announcement, Aave stated that DeFi United has published a technical implementation plan to restore KelpDAO’s rsETH asset backing and liquidate the attacker’s positions on both Aave and Compound, pending governance approval, execution scheduling, and final agreement.
The plan outlines that DeFi United will convert its committed ETH into rsETH in batches and deposit the rsETH into the bridged staking contract to restore rsETH backing at the current exchange rate of approximately 1.07 ETH per rsETH.
Meanwhile, Aave will execute controlled liquidations on Ethereum and Arbitrum via governance proposals to recover over-collateralized assets from approximately 107,000 rsETH and repair associated market damage. During this period, WETH and rsETH reserves on Ethereum Core, Arbitrum, Base, Mantle, and Linea will remain frozen.
