Aave estimates bad debt between 124 million and 230 million dollars following Kelp exploit
Aave service providers have published an incident report detailing the protocol’s exposure to the April 18 exploit of the Kelp DAO rsETH bridge. The report outlines two primary scenarios for bad debt, ranging from 123.7 million to 230.1 million dollars, depending on how Kelp DAO chooses to allocate