X @Wu Blockchain
Wu Blockchain·2026-04-20 02:06
DeFiLlama Co-founder 0xngmi on Kelp DAO rsETH Hack – 3 Potential Paths:Socialize losses across all users18.5% haircut → ~$216M bad debt on Aave.Umbrella covers $55M, Aave treasury covers $85M, leaving $76M gap (can be filled by borrowing or selling ~$51M AAVE from treasury).Rug rsETH holders on L2sCreates ~$341M bad debt on Aave (mainly Arbitrum, Mantle, Base).No Umbrella coverage — Aave would have to absorb everything.Compensate using pre-hack snapshotVery difficult due to heavy fund flows and pooled liqui ...