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Aave service provider proposes that Aave DAO allocates 25k ETH to support the recovery of rsETH peg.
Odaily Planet Daily reports that Aave posted on the X platform stating that Aave service providers have issued an Aave DAO governance proposal, recommending a contribution of 25,000 ETH to participate in the ongoing DeFi United initiative. The ETH funds will be used to support the recovery of rsETH’s collateral backing, helping it to quickly restore its peg and promote market normalization. This proposal aims to accelerate the rsETH risk resolution process through funding support at the Aave DAO level, stabilizing the related DeFi market ecosystem.