TLDR:
- Aave has restored WETH LTV ratios to pre-incident levels across all six affected V3 network deployments.
- Users can now borrow against WETH again, including through collateral and debt swap functions on Aave.
- The restoration covers Ethereum Core, Ethereum Prime, Arbitrum, Base, Mantle, and Linea networks.
- Aave founder Stani Kulechov confirmed the milestone, noting the phased rsETH recovery plan is progressing.
Aave has completed a major step in its rsETH technical recovery plan by restoring WETH loan-to-value ratios across all affected networks.
The update allows users to borrow against WETH once again, including through collateral and debt swap functions.
The restoration covers Aave V3 deployments on Ethereum Core, Ethereum Prime, Arbitrum, Base, Mantle, and Linea. This move brings WETH back to normal operating conditions across the protocol’s key deployments.
WETH Borrowing Resumes Across Multiple Networks
Aave’s restoration of WETH LTV ratios marks a clear turning point in the protocol’s recovery process. Users across six major networks can now access WETH borrowing functions without restrictions. The change directly affects those who rely on collateral and debt swap features within the Aave ecosystem.
Aave’s official account confirmed the update on X, stating that WETH LTVs on Aave V3 Ethereum Core, Ethereum Prime, Arbitrum, Base, Mantle, and Linea have returned to pre-incident values.
The post further noted that WETH now operates as normal across all affected V3 deployments. This confirmation provided users with clarity on the current status of the protocol.
The networks covered in this update serve a broad base of DeFi participants. Arbitrum, Base, Mantle, and Linea are among the most active Layer 2 ecosystems in the space. Restoring LTV ratios across all of them at once reflects a coordinated and structured recovery approach.
Aave Founder Confirms Recovery Milestone
Aave founder Stani Kulechov addressed the community directly following the update. He confirmed that the next step in the rsETH technical recovery plan had been completed successfully. His statement reinforced confidence in the protocol’s ability to manage and resolve technical challenges.
Kulechov noted that users can now borrow against WETH on Aave, including through collateral and debt swaps. This brings back key functionality that had been restricted during the incident period. The restoration of these features is a practical benefit for active Aave users managing their positions.
The recovery plan itself reflects the structured way Aave approaches protocol-level incidents. Rather than rushing fixes, the team implemented phased steps to restore operations responsibly.
As each phase completes, users regain access to features in a controlled and transparent manner.
The post Aave Restores WETH LTVs to Pre-Incident Levels Across Six Networks in rsETH Recovery Plan appeared first on Blockonomi.
Â
This articles is written by : Nermeen Nabil Khear Abdelmalak
All rights reserved to : USAGOLDMIES . www.usagoldmines.com
You can Enjoy surfing our website categories and read more content in many fields you may like .
Why USAGoldMines ?
USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.