Aave Updates Progress on rsETH Recovery Plan; Affected Network’s WETH LTV Restored to Pre-Incident Level
Stani Kulechov, founder of Aave, stated that the next phase of the rsETH technical recovery plan has been completed, and Aave has restored the WETH loan-to-value (LTV) ratio on affected networks to pre-incident levels. Users can now once again use WETH for borrowing, collateralization, debt swapping, and other operations on Aave. According to Aave’s announcement, this restoration applies to the following Aave V3 deployments: Ethereum Core, Ethereum Prime, Arbitrum, Base, Mantle, and Linea.
