rsETH Incident Report (April 20, 2026)

ahboyashreads (@ahboyashreads), Apr 21, 2026, 03:50 UTC

rsETH Incident Report (April 20, 2026) Two bad-debt scenarios Scenario 1 (uniform 15.12% haircut across all rsETH) = $123.7m bad debt, mostly on Ethereum Core but proportionally small Scenario 2 (73.54% haircut on L2 rsETH only) = $230.1m, crushing Mantle (71% WETH shortfall) and Arbitrum (27%) https://governance.aave.com/t/rseth-incident-report-april-20-2026/24580

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