Traders don’t see Kelp socializing losses after $292 million exploit
Burns Brief
Polymarket prices low odds of a system-wide redistribution, as the protocol weighs how to handle an undercollateralized rsETH supply The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch $ETH for reaction — a decisive move above or below key levels will confirm the next trend.
Polymarket prices low odds of a system-wide redistribution, as the protocol weighs how to handle an undercollateralized rsETH supply
Key Takeaways
- Polymarket prices low odds of a system-wide redistribution, as the protocol weighs how to handle an undercollateralized rsETH supply