rsETH

🚨 $ETH Protocol Kelp Flags Fee Contract Bug

Kelp, the Ethereum re-staking protocol, has identified a bug in its latest upgrade ⚙️.
The issue caused excess rsETH to be minted to its fee address due to an error in the fee minting contract 🧾.

Good news:
All smart contract funds are SAFE 🔐 — no user assets are at risk.

What’s happening now?
• The team is actively working on a fix 🔧
• Deposits & withdrawals are temporarily paused ⏸️ as a precaution

More updates coming soon — stay tuned and stay safe in the chain!

#Ethereum #SmartContract #rseth #SecurityFirst

⚠️ Kelp Protocol Identifies Bug in Fee Contract — Deposits & Withdrawals Paused Temporarily

According to Foresight News, Ethereum re-staking protocol Kelp has discovered a bug in its latest upgrade affecting its fee minting contract.

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🐛 What Happened?

A bug caused excess rsETH to be minted directly to the fee address

✅ No user funds have been affected — all assets in the smart contract are safe

🛠️ The Kelp team is already working on a fix

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⏸️ Temporary Measures:

To protect user assets, deposit and withdrawal functions have been paused for now. Once the issue is fully resolved, normal operations will resume.

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Community Safety First!
Kelp’s quick action shows the importance of transparency and security in DeFi.

Are you staking with Kelp or another protocol?
Let us know your thoughts below!

#Ethereum #KelpProtocol #DeFiNews #SmartContract #rsETH #CryptoSecurity

🚨 🚨 BREAKING ALERT 🚨 🚨

Hackers hacked the official website of KelpDAO - Pocket Universe

Be careful not to interact with the sit
#KelpDAO
#rseth
#pocketuniverse

Kelp DAO has submitted a new proposal (ARFC) to add its liquidity re-pledge token rsETH to Aave V3 on the Ethereum blockchain.

#kelp #KelpDAO #AaveProtocol #rseth #ETHETFS