Polymarket News Update: Will the Kelp DAO Allow rsETH Holders to Socialize Losses from the Recent Hack?

According to PolyBeats monitoring, a new trading event "Will Kelp DAO Socialize Losses?" has been launched today on the prediction market Polymarket. Currently, the probability of "Yes" is 22%.

The term "socialize" in this context refers to spreading the loss of this round of funds stolen among rsETH holders.

On April 19, an attacker exploited a LayerZero cross-chain message bug to drain approximately $292 million worth of rsETH (116,500 tokens, around 18% of the circulating supply) from the Kelp DAO bridging contract, causing a shortfall in the L2 network's rsETH backing.

Kelp DAO has officially confirmed only "suspicious cross-chain activity" and has suspended the mainnet and multiple L2 rsETH contracts. Currently, they are conducting an RCA investigation with LayerZero, Unichain, and security teams and have not yet disclosed any loss recovery plans. If the approximately $300 million loss is distributed among the approximately $1.6 billion rsETH system, holders would face around an 18% devaluation.

To date, Kelp DAO has not made any official statements regarding mainnet socialization.
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