KelpDAO has been exploited, stealing approximately $294M!



The attacker minted 116,500 $RSETH ($294M).

By selling $RSETH and using it as collateral to borrow $ETH, the attacker obtained 106,467 $ETH ($250M).

Due to the KelpDAO exploit, the attacker deposited $RSETH into #Aave to borrow $ETH, creating bad debt on #Aave.

Many whales have rushed to withdraw their $ETH from #Aave.

The $ETH utilization rate on Aave has now reached 100%.
ETH-2,92%
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