Venus Protocol Says It Has No rsETH Exposure, Sets Collateral Factors to Zero for Six Tokens

Venus Protocol said in a post on X, cited by Huoxing Finance, that it has no exposure to rsETH and has not generated any bad debt, adding that user funds remain safe. Following guidance from risk-management partner Allezlabs, the platform has temporarily reduced collateral factors to 0 for six assets: USDe, sUSDe, SolvBTC, xSolvBTC, USD1, and XAUM. Users can still repay and withdraw these assets through the Venus UI. The protocol said it will provide further updates once collateral ratios are restored.