Aave publishes technical roadmap to rebuild rsETH backing after April 18 exploit
Aave has released DeFi United's full technical plan to restore backing for ethereum:0xa1290d69c65a6fe4df752f95823fae25cb99e5a7 and to resolve positions impacted by the April 18 KelpDAO exploit.
The proposal outlines a two-track recovery process: replenishing rsETH backing and unwinding the exploiter's collateralized positions across Aave Ethereum Core, Aave Arbitrum, and Compound.
According to the plan, the April 18 attack involved a forged inbound packet on the Unichain-to-Ethereum rsETH bridge, which triggered the release of 116,500 rsETH from the Ethereum-side adapter. Around 107,000 rsETH remains spread across seven exploiter-controlled addresses on Aave and Compound.
To rebuild backing, ETH will be deposited into the Kelp lockbox in tranches and converted to rsETH using the current 1.07 nominal exchange ratio. DeFi United said it has secured the ETH commitments required for full restoration, pending governance approvals and execution of definitive agreements.
Eight affected positions will be addressed through controlled liquidations on both chains. The rsETH oracle price will be temporarily adjusted to facilitate liquidation, with recovered collateral transferred to a DeFi United multisig before the oracle is reverted once collateral is secured.
The Compound leg will follow the same framework, with DeFi United providing liquidity and targeting recovery of an estimated 16,776 ETH upon completion.