Aave leads the establishment of "DeFi United" to cover rsETH bad debt, with over $160 million in aid commitments already raised.

Wu said that, according to analyst Yu Jin’s disclosure, to compensate for the 75,081 ETH bad debt caused by the rsETH incident, Aave led the establishment of the “DeFi United” aid program and contributed 25k ETH itself. According to official website data, the program has currently received approximately 69,553 ETH (about $161 million) in pledged aid, with main contributors including Mantle, Aave DAO, Ether Fi, and others, leaving only about 5,500 ETH remaining to fill the gap.

AAVE1.09%
ETH0.49%
MNT0.93%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin