🔥 HASEEB: AAVE CAN HANDLE THE KELPDAO FALLOUT
Dragonfly’s Haseeb Qureshi says $Aave might end up absorbing some losses from the $292M Kelp DAO rsETH exploit, but it still has enough equity to cover it.
He also pointed out that DeFi has taken hits before from the 2020 liquidation issues to the Terra collapse and the 2022 stETH depeg and has continued to come back stronger each time.