#KelpDAOFacesAttack 🚨
It’s been a rough week for Kelp DAO. Beyond the infrastructure hack, the protocol is facing a "contagion" risk as major lending platforms like Aave and SparkLend freeze their rsETH markets to avoid bad debt. The Lazarus Group didn't just steal money; they broke the trust in the "restaking LEGOs." For the average user, the takeaway is simple: restaking offers great yields, but it adds layers of risk. If one layer breaks, the whole stack can fall. Use a "risk-barbell" strategy and don't put all your ETH in one basket. 📉
It’s been a rough week for Kelp DAO. Beyond the infrastructure hack, the protocol is facing a "contagion" risk as major lending platforms like Aave and SparkLend freeze their rsETH markets to avoid bad debt. The Lazarus Group didn't just steal money; they broke the trust in the "restaking LEGOs." For the average user, the takeaway is simple: restaking offers great yields, but it adds layers of risk. If one layer breaks, the whole stack can fall. Use a "risk-barbell" strategy and don't put all your ETH in one basket. 📉