🚨 $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!