Aave Founder Responds to Recent Events: $70 Million in ETH Recovered, Multiple Solutions Underway to Mitigate Risks

On April 23, Aave founder Stani Kulechov addressed recent events, stating that the team is actively pursuing multiple solutions with the core goal of protecting user interests and restoring normal market order. He revealed that, through collaborative efforts, the Arbitrum Security Council has successfully recovered approximately $70 million in ETH assets, which is expected to significantly reduce overall risk exposure. The team is currently in discussions with various partners to evaluate different disposal paths and expresses confidence in the final solution. Kulechov emphasized that the current focus is on problem resolution rather than accountability, while also committing to continuously review the incident and optimize mechanisms. He noted that this event is not only significant for Aave but also a crucial moment for the DeFi industry, and the team will continue to update the public on progress.