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What is RootKit [Wrapped ETH]?

The Rootkit Uniswap pair uses kETH, a wrapped version of WETH.

Full description of RootKit [Wrapped ETH]

The Rootkit Uniswap pair uses kETH, a wrapped version of WETH. Anyone can create kETH and redeem it anytime at a 1:1 rate for WETH. kETH allows the Rootkit system to access the value under the price floor without affecting the market or the guaranteed minimum Token (?) price.
  • Exchange symbol (?): RKETH
  • Cryptocurrency type (?): Token (?)

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 Source: NOMICS