Aave updates the rsETH technical recovery plan, WETH LTV has been restored to pre-event levels

Aave founder Stani Kulechov posted on the X platform that the next step of the rsETH technical recovery plan has been completed, and the loan-to-value (LTV) ratios of WETH loans across all affected networks have been restored to pre-event levels. Users can now again borrow on Aave using WETH as collateral, including through collateral and debt swaps.

According to the Aave announcement, this recovery involves network deployments such as Aave V3 Ethereum Core, Ethereum Prime, Arbitrum, Base, Mantle, and Linea.