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AAVE Founder: Is actively pursuing multiple plans to facilitate the orderly recovery of Aave, having recovered $70 million worth of ETH.
ChainCatcher news, AAVE founder Stani posted on the X platform stating that the team is working with multiple partners to advance several initiatives to restore normal market conditions in an orderly manner and ensure users receive the best outcomes.
The Arbitrum Security Council has recovered $70 million worth of ETH, which can significantly reduce potential risk exposure. Various discussions and solutions are currently under consideration. Stani said he is focused on Aave users and the protocol, and expressed gratitude for the support from industry developers. Further updates will be continuously shared through @aave.