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Aave + EtherFi, KelpDAO, LayerZero, Compound just filed a proposal to release 30,765 ETH (~$71M) frozen on Arbitrum after the April 18 rsETH exploit.
Funds will flow into "DeFi United" to restore rsETH backing.
The recovery stack so far:
* 30,765 ETH (frozen, pending vote)
* 25,000 ETH (Aave DAO)
* 5,000 ETH (EtherFi)
* 5,000 ETH (Stani personally)
* 2,500 stETH (Lido)
* Ethena joined too
If all pass, the $292M hole is essentially filled.
Constitutional AIPs take ~49 days. Users can't wait that long.
Aave's contracts were never compromised. The risk came from a bridge failure that cascaded into lending markets.