Aave Suspends rsETH Reserve Operations on Ethereum, Arbitrum, and Other Networks to Prevent Liquidation Risk Expansion

Odaily reports that Aave has provided the latest update on the rsETH security incident on the X platform, stating that it has suspended operations related to rsETH reserves on Ethereum mainnet and networks such as Arbitrum, Base, Mantle, and Linea. This measure aims to prevent excess aETHrsETH from being withdrawn, thereby pushing positions closer to the 95% liquidation threshold. The action is designed to preserve as many funds as possible during the asset recovery process and reduce systemic risk. Aave stated that further developments and resolution plans will be continuously disclosed to the community.