This market will resolve to "Yes" if KelpDAO's exploited rsETH is recapitalized as a result of a coordinated DeFi bailout at any time after the creation of this market and before June 1, 2026 - 00:00 UTC.

Otherwise this market will resolve to "No."

For the purposes of this market:

A "coordinated DeFi bailout" means an executed arrangement involving any number of DeFi projects, DAOs, protocol treasuries, or entities that together provide a net capital injection, credit facilities, or onchain transfers intended to ensure mainnet rsETH maintains redeemability for its pre-exploit value in ETH denominated terms.

A recapitalization qualifies only if it is demonstrable by onchain evidence: for example, transfers of ETH or other assets to the affected bridge/rsETH backing contract(s), a code change deployed onchain that restores redeemability at par, or onchain escrow/insurance funds deployed to make affected holders whole.

The recapitalization/bailout only needs to apply for rsETH on mainnet to qualify for “Yes” outcome.

Recapitalization made directly to protocols impacted by the rsETH exploit also count if the net result is that rsETH on ETH mainnet becomes redeemable at par with its pre-exploit value.

If rsETH on Ethereum mainnet becomes redeemable at par with its pre-exploit value without any recapitalization or coordinated bailout effort, this market will resolve to “No.”

Announcements alone without verifiable onchain execution do not qualify.