Venus responds to the Kelp incident: No rsETH exposure, proactively sets collateral ratios of six asset types to 0
Foresight News reports that Venus Protocol tweeted that the platform has zero exposure to rsETH, no bad debt has been generated, and user funds are safe. As a precaution, following the advice of risk manager Allezlabs, the platform has temporarily set the collateral factor of the following six assets to 0: USDe, sUSDe, SolvBTC, xSolvBTC, USD1, and XAUM. Users can still repay and withdraw these assets directly through the Venus UI, and further updates will be released when the collateral ratio returns to normal.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Semiconductor sector in turmoil: profit realization and financing outcomes will be key
JPMorgan facilitates oil product transactions between Syria and Saudi Arabia.

Mauna Kea Technologies Publishes Q3 and Nine-Month 2026 Sales Presentation
BUZZ - Crude oil prices decline, cruise line stocks soar

