If we saw potential collateral risks occur with this rsETH incident, and a glaring hole was exposed with KelpDAO/Aave, what’s to say there won’t be another hack that will affect eUSD’s underlying collateral that is deposited on Aave? Are we/is Reserve working to understand potential future risks of Aave-deposited collateral for eUSD? Seems naive to think this is the final hack to affect Aave.
These “bailouts” of donations and pledged ETH to plug the rsETH hole doesn’t seem sustainable, nor does it seem like it’s a good signal. Similar vibes as “deploying capital, steady lads”.