Kelp DAO Migrates rsETH to Chainlink after $292M Exploit
Kelp DAO Migrates rsETH to Chainlink after $292M Exploit Kelp DAO has confirmed it is migrating rsETH liquid restaking token away from LayerZero's OFT standard to Chainlink's CCIP. Kelp also published screenshots of communications with LayerZero personnel showing the company's team approved responsiblity for the loss. Nearly half of LayerZero contracts were using a single-validator setup prior to the exploit, LayerZero has since enforced mandatory adoption of multi-validator configs. The exploit cascaded across at least nine lending protocols and wiped $6.6 billion from Aave's TVL, with rs…
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