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Aave Confirms rsETH Fully Backed While Maintaining Precautionary Freeze
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Aave Confirms rsETH Fully Backed While Maintaining Precautionary Freeze

Despite confirming rsETH backing, Aave keeps assets frozen across multiple networks as a precaution

Aave has confirmed that rsETH on the Ethereum mainnet is fully backed following its internal analysis of the recent incident.

Despite this confirmation, the protocol has maintained a precautionary freeze on rsETH across V3 and V4, while capping exposure related to the event.

Aave also stated that WETH reserves remain frozen across multiple networks, including Arbitrum, Base, Mantle, Linea, and Ethereum, as part of risk containment measures.

The platform is actively validating information and assessing potential solutions, while markets continue to monitor the situation and its implications for the DeFi sector.

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