DeFi United Outlines Technical Path To Make Kelp's rsETH Whole

DeFi United, a coalition of decentralized finance (DeFi) ecosystem participants, on Tuesday published the technical implementation plan to restore the backing of Kelp DAO's rsETH and recover roughly 107,000 tokens still controlled by the exploiter.The exploit targeted rsETH's LayerZero-powered bridge on the Unichain to Ethereum route, where a forged inbound packet was verified on the Ethereum side without a corresponding burn on Unichain. The attack released 116,500 rsETH from the Ethereum-side adapter, with proceeds distributed across multiple addresses and supplied as collateral on lending protocols.Seven addresses associated with the exploiter currently hold active rsETH-backed positions on Aave and Compound, representing approximately 107,000 rsETH of the original 116,500 rsETH stolen.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io