Crypto & Web3
impact 37
Aave, Compound Unveil Technical Plan to Address Fallout From $290M Kelp DAO Hack
Aave, Compound Unveil Technical Plan to Address Fallout From $290M Kelp DAO Hack Major DeFi protocols outlined technical steps to eliminate bad debt and restore full backing for exploited rsETH tokens.
Why it matters
The timing matters: technical is converging with shifts in aave, which could amplify the downstream impact.