@KelpDAO Before trusting @KelpDAO with funds: ask them about hgETH. July 22 promise — zero fees until recovery. Sept 4 — price still down, fees status unknown after 6 days of asking. They can't answer yes/no about their own vault.
@KelpDAO@KelpDAO hgETH users lost 4.1% overnight due to August/Ultra fake NAV. Your 'compensation'? Fee waiver that covers losses in ~2 years. Meanwhile rsETH holders got $320M bailout in weeks. Two-tier justice: whales get DeFi United, retail gets 'please wait 2 years'. $KERNEL
@KelpDAO@growcompound@aave Great, so only ~2 years left to break even on your fake APY dump. Why did rsETH holders get a bailout, but hgETH users get radio silence and are forced to sit in the red? Speak up.
@KelpDAO Kelp muted me and deleted my hgETH recovery proposal instead of addressing it. I've now seen other hgETH users raise concerns and disappear too. Silencing affected users won't rebuild trust.
@islanddrivej@KelpDAO Check their Telegram, they ignored Twitter for hgETH updates.
Admin confirmed there that ~40 ETH rewards will only reprice hgETH slightly upward, but won't close the full gap. They plan to wait for this and negotiate partner fee returns to fix the deficit.
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