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KelpDAO Migrates rsETH To Chainlink CCIP

KelpDAO migrates rsETH to Chainlink CCIP and pushes exploit blame to LayerZero infrastructure.

KelpDAO announced it is migrating rsETH from LayerZero to Chainlink's Cross-Chain Interoperability Protocol (CCIP) following the April 18 exploit that resulted in over $300M in losses. KelpDAO says the exploit originated within LayerZero's own infrastructure, not a misconfiguration.

KelpDAO also pushed back on LayerZero's public framing of the incident, arguing that the 1-1 DVN configuration was not unique to Kelp and was used by over 47% of LayerZero’s ecosystem at the time. Kelp also highlights that it detected the exploit itself and alerted LayerZero, rather than being warned by them.

LayerZero CEO Bryan Pellegrino responded to the claims, stating that KelpDAO started with a multiDVN setup of LayerZero Labs and Google, but later changed its configurations to the 1-1 DVN.


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