DeFi has no central bank, but there is a "Self-Rescue Committee" — this time it succeeded, so what next?



72 hours, no regulation, no central bank, no "higher authority coming in."

A group of people who were originally competitors, passing the ball like street basketball, you pass to me, I pass to him, forcibly filled the 75,081 ETH hole.

This is not a fairy tale. It just happened.

But I want to ask:

Next time, will you still rescue?

First, clarify what happened

KelpDAO had an incident. How serious?

- Total gap: 75,081 ETH

- Time window: 72 hours

- Participants: Aave, Mantle, EtherFi, Stani personally

How was it filled?

- Aave led with 25,000 ETH bad debt coverage

- Mantle followed with 30,000 ETH

- EtherFi contributed 5,000 ETH

- Stani personally contributed 5,000 ETH

- Plus other parties taking turns

No one was forced. No court orders. No government documents.

It was just one after another saying "I'll do it."

Many think this is the "DeFi family helping each other."

Don’t be naive.

They didn’t rescue Kelp; they rescued themselves.

What would happen if Kelp exploded?

- Aave’s bad debt would spread

- Mantle’s staking pool would panic

- EtherFi’s re-staking logic would be questioned

- The entire LRT track could go to zero overnight

This is not charity. It’s a self-rescue alliance.

But the real issue is here

This time, it succeeded.

The DeFi United model proved effective: on-chain collaboration + stakeholder relay + no need for centralized backing.

Impressive, right? Truly impressive.

But I ask you:

Next time, if the "small player" is the one in trouble?

If the gap isn’t 75,081 ETH, but $70k?

If it’s some protocol you’ve never heard of?

If the founder has already run away?

If it has nothing to do with Aave, Mantle, EtherFi?

Will you still rescue?

This time, there’s a hidden premise for rescue:

All participants have a reason to rescue — or they’ll be finished themselves if they don’t.

Aave rescues because the bad debt hangs over it.

Mantle rescues because its ETH is in the system.

EtherFi rescues because its reputation is tied to it.

It’s not “we are willing,” it’s “we have to.”

But what if the next Kelp isn’t strongly tied to these big players?

Real small protocols, small users, small pools—

Who will rescue them? #加密市场行情震荡 #rsETH攻击事件后续进展 $ETH
ETH0.53%
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