Traders are skeptical about Kelp DAO's likelihood of redistributing losses after a significant exploit that resulted in the loss of $292 million worth of rsETH. A Polymarket contract indicates only a 14% chance that the DAO will implement a mechanism to share losses across all rsETH holders, including those on unaffected networks like Ethereum. The exploit drained around 116,500 rsETH from a LayerZero-powered bridge, leaving many tokens undercollateralized and some holders with partially unbacked assets. The complexity of redistributing losses arises from the fragmented nature of the exploit's impact across more than 20 blockchains, making it difficult to coordinate a fair resolution. Historical precedents, such as Bitfinex's 2016 hack response, highlight the challenges of mutualizing losses, which can be politically contentious and technically demanding. Given these factors, traders remain doubtful about Kelp's ability to effectively manage the fallout from this incident.