Kelp DAO
Kelp DAO: Mining, staking, or validator resource for blockchain networks.
ABAB Structured Brief
Kelp DAO is indexed in ABAB Crypto Map under Mining & Staking. This page keeps the official site, category, tags, and related ABAB coverage together as a searchable crypto project profile. Official domain: kelpdao.xyz.
Related News & Analysis
Arbitrum DAO 100% Supports Release of Frozen ETH from Kelp DAO Theft
Arbitrum DAO has initiated a proposal vote to release Ethereum that was frozen during the Kelp DAO theft incident. The proposal suggests establishing a multi-signature address, with Aave Labs, KelpDAO, Certora, and Ether...
Arbitrum Freezes 30,766 ETH from Kelp DAO Attacker
... taken emergency action to freeze 30,766 ETH related to the Kelp DAO attack, valued at approximately $71 million, and transferred the funds to an intermediary frozen wallet. This freeze targets the theft incident caused ...
Curve Founder Michael Egorov: Aave Needs to Address KelpDAO Bad Debt, Non-Isolated Lending Model Carries Higher Risks
...Aave to properly handle the bad debt issue arising from the Kelp DAO attack. This incident resulted in approximately $292 million in losses, primarily due to rsETH being used as collateral to borrow ETH under a non-isola...
Aave Confirms Full Collateralization of rsETH on Ethereum Mainnet, Freezing Related Markets to Limit Risks
...tions. The incident originated from the exploitation of the Kelp DAO rsETH bridge and is unrelated to Aave's own smart contracts. The company has quickly taken measures to prevent new deposits and new loans from using rs...
Arbitrum Committee Advances Proposal to Unfreeze $71 Million in ETH
...h about $71 million, which was previously frozen due to the Kelp DAO security incident. The proposal is currently entering the governance voting process for formal approval. According to an emergency action notice releas...
Aave Development Team: Only Unfreezing WETH Reserves in Ethereum Core After rsETH Incident and Maintaining Zero LTV Ratio
...ent disposal plans in the governance forum. Previously, the Kelp DAO cross-chain bridge was attacked, resulting in approximately 116,500 rsETH (worth nearly $300 million) being stolen. The attacker deposited a large amou...
Dragonfly Managing Partner Qureshi: LayerZero Faces Complex RPC Attack from North Korea
...ro's official statement indicated the incident stemmed from Kelp DAO operating a single DVN configuration, which was clearly warned against in its documentation. However, LayerZero itself operates that DVN node. The atta...