Compound Proposes Up to 3,000 ETH for rsETH Recovery as Renzo Adds $10M Liquidity

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Compound proposed contributing up to 3,000 ETH to the DeFi United-coordinated rsETH recovery effort, subject to governance approval and recovery plan conditions. Renzo supplied more than $10 million in liquidity to Aave V3 stablecoin markets for the effort. The Avalanche Foundation also expressed support for the initiative.

ETH-3.96%
REZ-0.64%
AAVE-1.64%
AVAX-2.85%
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