Aave CEO Stani: Next Phase of rsETH Technical Fix Plan Completed

Odaily reported that Aave CEO Stani stated on X that on May 18, the next phase of the rsETH technical fix plan has been completed. The loan-to-value ratios for wrapped Ethereum on all affected networks have been restored to pre-incident standards. Users can now once again use wrapped Ethereum as collateral for borrowing on the Aave platform, and collateral and debt swaps are also supported.