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AAVE announces RsETH recovery technical plan, intending to simultaneously repair collateral support and damaged positions
Mars Finance News, AAVE announced the implementation plan for rsETH recovery, aiming to restore rsETH’s full collateral support and normal market operation through a three-phase approach: supplementing ETH collateral, clearing affected positions, and restoring market parameters.
The plan shows that DeFi United has coordinated to obtain the necessary ETH commitments for recovery, which will be converted in batches and injected into the bridging locked collateral contract to restore rsETH support; at the same time, a governance proposal is planned to clear affected positions on Aave and Compound, recover approximately 107k rsETH worth of excess collateral, and gradually lift the related asset freeze status.