X @Wu Blockchain

LlamaRisk, an Aave DAO Risk Service Provider, released its rsETH Incident Report, quantifying the potential bad debt impact on Aave under two scenarios:1. Uniform loss socialization across all rsETH15.12% haircut, resulting in approximately $123.7 million in bad debt.2. Losses isolated to L2 rsETH73.54% haircut, resulting in approximately $230.1 million in bad debt, primarily impacting Mantle, Arbitrum, and Base.The report also notes that WETH reserves across chains are at 100% utilization with under $20 ...