KelpDAO announces rsETH has fully resumed normal operations! Thanks to Aave, Lido, and other "DeFi United" members for their support

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DeFi shows epic solidarity! Liquid restaking protocol KelpDAO announced that its core product rsETH has "fully resumed normal operations" after the pause. Not only have deposit and withdrawal functions on the mainnet and major L2s been reopened, but users can also fully claim the staking and EIGEN rewards accumulated during the pause period. KelpDAO specifically posted to thank the "DeFi United" rescue alliance composed of dozens of top-tier projects including Aave, Lido, Consensys, Circle, etc., which successfully helped rsETH restore 100% full collateralization. (Background: DeFi yield trap: risks and rewards out of balance — the KelpDAO and Drift incidents reveal hidden costs) (Context: Wall Street investment banks: After KelpDAO's $290M hack, TradFi tokenization pace may be forced to brake) The liquid restaking sector (LRT) has welcomed exciting good news! Renowned protocol KelpDAO today published a lengthy thread on the social platform X, officially announcing to the community: rsETH's protocol operations have fully resumed normal status. After a period of suspension and high community attention, the KelpDAO team not only repaired the system, but also, with the joint protection of major DeFi giants, successfully topped up the collateral assets, allowing rsETH to regain its footing. rsETH protocol operations have fully resumed. – The exchange rate was updated at 16:45 CET today, reflecting all staking rewards accrued during the pause. – EIGEN claims are now distributable to rsETH holders for the full pause window. – Deposits and withdrawals are live on…— Kelp (@KelpDAO) May 15, 2026 Deposits and withdrawals restart, with "every penny" of staking rewards from the pause period Regarding the liquidity and yield issues that rsETH holders care about most, KelpDAO provided a strong reassurance in the announcement. Officials stated that deposit and withdrawal functions on Ethereum Mainnet as well as all Layer 2 networks have all been fully restored online. In addition, users' rights and interests have not been compromised due to the system pause: - Exchange rate and yield updates: At 16:45 CET today, the system completed the exchange rate update, which fully includes all staking rewards accrued during the "pause period." - EIGEN open for claiming: All EIGEN token rewards corresponding to the pause period are now officially open for users to claim at the dedicated page (kerneldao.com/kelp/claim-token/). "DeFi United" flexes its muscles! Top-tier giants jointly top up collateral assets The reason rsETH was able to quickly escape danger and restore 100% full collateralization (Fully collateralized) lies in the unprecedented solidarity displayed by the entire Web3 ecosystem. In the announcement, KelpDAO emotionally pointed out that restoring rsETH's collateral assets required massive coordination across the entire ecosystem, and specifically named and thanked the heavyweight partners who participated in this "DeFi United" rescue operation. This list of thanks almost encompasses half the DeFi world, including: Aave and its founder Stani Kulechov, Consensys and founder Joseph Lubin, Lido Finance, Mantle, ether.fi, Ethena, Circle, Frax Finance, Golem, BGD Labs, Ink, Tydro, as well as thousands of individual contributors who quietly devoted their efforts. Currently, the community can view detailed data on rsETH reserves at any time through the transparent tracking dashboard provided by KelpDAO (rseth-tracking.vercel.app). This joint rescue operation, jointly participated in by DeFi giants, not only successfully saved rsETH's liquidity crisis, but also wrote a historically significant page for the anti-fragility and community mutual aid spirit of the decentralized finance ecosystem.

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