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|Legacy

Arbitrum freezing funds protects L2 users from being treated as second-class in the Kelp recovery

CN
Ignas | DeFi Research
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4 hours ago
AI summarizes in 5 seconds.

Arbitrum freezing funds protects L2 users from being treated as second-class in the Kelp recovery.

Kelp prioritizing mainnet over bridged assets sets a risky precedent with little upside. Freezing helps rebalance things by showing hacked L2 assets can be stopped.

Bridges should add fast freeze mechanisms for hacks too to trap hackers.

Yes, it’s more centralized but if you want maximum censorship resistance, use mainnet.


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Selected Articles by Ignas | DeFi Research

19 hours ago
Kelp hack could leave Aave on Arbitrum with bad debt and make rsETH worthless if only mainnet rsETH is backed
20 hours ago
Boggles my mind that L0 blames Kelp for this hack when their own LayerZero Labs DVN
2 days ago
Kelp rsETH exploit is terrible due to extensive DeFi integrations
View More

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