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LayerZero CEO says KelpDAO changed its own rsETH security settings

May 06, 2026, 5:56 AM
LayerZero CEO Bryan Pellegrino has refuted claims from KelpDAO regarding a recent rsETH security incident. Citing on-chain records, Pellegrino stated on X that KelpDAO itself changed the rsETH cross-chain configuration from the default multi-DVN structure to a 1:1 single DVN mode in April 2024. He explained that LayerZero's official documentation warns against using this setting in a live environment and that the team has consistently recommended a more secure multisig structure. Pellegrino added that most related transactions during the period the 1:1 structure was active originated from rsETH. He is now awaiting a final audit report from an external security firm.

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