๐Ÿฅท Aave: #DeFi United Releases Plan to Restore KelpDAO rsETH Backing


According to Aave, #DeFi United released a plan to restore KelpDAO rsETH backing after the April 18 bridge incident, which caused 116,500 rsETH to be abnormally released from the Ethereum-side adapter. The plan will #use committed ethereum:native funding to refill the affected lockbox and temporarily adjust the rsETH oracle price through governance to clear exploiter-related positions on Aave and Compound. WETH and rsETH markets across multiple chains will remain frozen until normal operations resume. #crypto
AAVE0.9%
ETH0.15%
COMP3.52%
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