Aave completes first phase of rsETH recovery

Aave (AAVE) announced it has completed the first phase of the technical recovery for rsETH. This work included burning the rsETH held by the hacker on Arbitrum (ARB). The project plans to gradually supply liquidity to the LayerZero (ZRO) OFT adapter and sequentially resume rsETH services. The move follows Aave's previously announced follow-up measures in response to the rsETH hacking incident at KelpDAO.