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Stani
@StaniKulechov
Founder & CEO @Aave
Joined January 2018
5.7K Following    299.9K Followers
The attacker’s rsETH on Arbitrum has been burned. As the last step is to refill the rsETH bridge lockbox. Meanwhile withdrawals for rsETH into ETH will start within the next 24 hours to normalize the markets. The past few weeks, including weekends, have been incredibly intense. None of this would have been possible without the entire team working around the clock on this recovery effort. We're building a new level of resiliency and a post mortem will follow with new learnings.
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The first set of steps in the rsETH technical recovery plan are complete, including burning the exploiter's rsETH on Arbitrum. Progressively refilling the LayerZero OFT adapter and reopening rsETH operations will follow over the coming days.
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