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📰 【Aave DAO Plans to Contribute 25k ETH to Assist and Increase "DeFi United" to Fix rsETH Peg】
BlockBeats News, April 25th, according to an official announcement, the Aave service provider has submitted a governance proposal recommending that Aave DAO allocate 25k ETH to participate in the "DeFi United" joint rescue plan. The funds will be used to restore the rsETH peg support, alleviate the current collateral shortfall, and promote the market to return to normal operation as soon as possible. BlockBeats reported yesterday that on April 24th, Marc Zeller, founder of the Aave ecosystem contribution organization Aave Chan Initiative (ACI), stated that instead of initiating donations, it would be better to take the following approach: establish a deposit treasury (...
Brothers, Aave is really going all out. Taking out 25,000 ETH to rescue rsETH is no small amount, indicating the problem is more serious than expected. The DeFi community is now helping each other, or everything will collapse. Retail investors, don’t blindly follow the trend; this kind of rescue is a game between institutions. Just watch and don’t think the bottom-fishing opportunity has arrived.