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Aave suspends reserve operations for RsETH on networks like Ethereum and Arbitrum to prevent the escalation of liquidation risks
Mars Finance News: Aave has announced the latest developments regarding the rsETH security incident on the X platform. They disclosed that operations related to rsETH reserves have been paused on the Ethereum mainnet, as well as on Arbitrum, Base, Mantle, Linea, and other networks, to prevent excess aETH rsETH from being withdrawn, thereby pushing the position closer to the 95% liquidation threshold. This measure aims to preserve as much funds as possible during the asset recovery process and reduce systemic risk. Aave stated that future updates and resolution plans will continue to be disclosed to the community.