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Restaking protocol Swell said the rswETH exchange rate is set to decline by about 4.9% starting at 7:32 a.m. UTC on Oct. 31. The protocol said msETH/rswETH loans on Morpho that use rswETH as collateral will move closer to liquidation thresholds.
To reduce risk, users can swap rswETH for msETH to repay the loans, Swell said. It added that inquiries can be directed to MetronomeDAO, the curator of the relevant market.