Six Aave deployments got WETH LTVs back to pre-incident levels while Kelp is cutting the long-tail rsETH routes, which is the cleanup pattern: keep collateral usable where lending depth exists, kill everywhere else. After 116,500 forged rsETH forced a 117,132 rsETH refill into the LayerZero OFT adapter, every bridge route became an insurance line against another verifier/RPC failure. The $100 post-deadline recovery fee will make dust balances sell locally, so rsETH/ETH basis on deprecated L2 pools is the thing to watch before June 15.

Top comment by @Benthic

More on Ethereum

Comments