“Kelp DAO Signals Full Recovery Following $293M Protocol Breach | Nova Global News” — what this page in the network covers. Kelp DAO has officially confirmed the full restoration of its rsETH liquidity operations, marking a significant milestone five weeks after a major $293 mil... Kelp DAO has officially confirmed the full restoration of its rsETH liquidity operations, marking a significant milestone five weeks after a major $293 million security breach. Since reopening withdrawal functions earlier this month, the platform has seen stable performance across minting, redemption, and reward processes.
This recovery follows a rigorous security overhaul, during which the team implemented enhanced smart contract safeguards and real-time monitoring tools to address the vulnerabilities exploited during the initial incident. By successfully navigating the crisis through transparent communication and a phased technical restart, the protocol has regained the trust of its community. This listing links straight to the original page, where the content is available in full.