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The April 18 exploit targeted Kelp DAO’s rsETH bridge through a forged message.
DeFi United's recovery plan raised over $300 million in ETH commitments after the rsETH exploit.
KEY POINTS
- The plan will convert committed ETH to rsETH in tranches for redeposit in the affected lockbox.
- Aave estimates about 13,000 ETH may be recovered through a controlled liquidation of affected positions.
- Clearing the attacker's position on Compound could recover about 16,776 ETH for restitution.
- New LayerZero and Kelp DAO security measures are still in production, slowing full restoration.
COMPANIES
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