PANews reported on May 7th that, according to The Block, on-chain lending platform Aave has completed the liquidation of the remaining rsETH positions held by the Kelp DAO attackers as part of a previously announced recovery plan. The collateral obtained from the liquidation will be transferred to a multi-signature address, "Recovery Guardian," managed by the DeFi United initiative, which is working to restore the asset backing of rsETH and compensate affected users. This process marks one of the final stages of the community's efforts to recover $292 million in losses from the vulnerability.

Aave previously stated that its liquidation required governance support; specifically, Aave voted to temporarily manipulate the price of the rsETH oracle to cause losses for the attacker's fraudulent positions. Aave indicated that all adjustments would be fully restored upon completion of the liquidation.