This reminds me of Venus and the BNB Bridge hack liquidation in 2023.
Lazarus hacked BNB Chain bridge for ~$560M in Oct 2022.
They deposited 900K BNB collateral on Venus and borrowed $150M in stablecoins to later launder it.
Aave/Compound etc need to adjust the oracle price to liquidate the hacker but Venus just waited for BNB to dump naturally until liquidation price reached.
They waited for almost a year!
Problem is that $150M liquidated organically by 'market' alone put FUD on BNB price so Venus whitelisted BNB Chain core team as the only liquidator.
rsETH can't dump naturally so DeFi United needs to adjust the price manually. I also wonder who is the liquidator for rsETH? Is it DeFi United?
Venus just had BNB Core team themselves back then.
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