RS ETH

product
2 mentions 1 recordings first heard Apr 2026 last heard 23 Apr ±0 this week

Restaked ETH token created by KelpDAO without backing

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UnknownBankless · The $280M DeFi Exploit That Changes Crypto Forever | Dan Eli... · 1:37 · 23 Apr
…So unbacked RS ETH tokens deposited into Aave allowed them to withdraw real ETH from the Aave system, leaving Aave with about $280 million in bad debt that it cannot…
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UnknownBankless · The $280M DeFi Exploit That Changes Crypto Forever | Dan Eli... · 1:17 · 23 Apr
…to create 116,000 RS ETH tokens, that is the restaked ETH token out of KelpDAO, without any backing.…
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