Aave just closed one of its darkest chapters
The hacked $rsETH will get burned on @arbitrum, and rsETH markets will reopen in the next few days
Took a massive punch, but surviving something like this and fixing it clean makes @aave harder to kill than before
And the part that got me most was how DeFi showed up for itself. Everyone just stepped in and helped each other
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.