@oiroot
Aave ETH pool is officially a ghost town.
Total Reserve: $6.22B
Available to withdraw: $137.95
Utilization: 100.00%
Someone used rsETH as collateral to loop-borrow every liquid ETH on Mainnet, Base, and Arb. If you have ETH deposited, you aren't holding a token—you’re holding a receipt for a void.
Liquidations are dead because there’s no ETH for liquidators to seize. Pure systemic bad debt. 💀