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DeFi United Raises ~$303M to Compensate Users After KelpDAO Exploit
DeFi United, a recovery fund spearheaded by Aave, has secured approximately $303 million in commitments from across the DeFi ecosystem. The initiative aims to address the fallout from the KelpDAO exploit and ensure that affected rsETH holders are made whole.
The strong backing highlights a coordinated effort among major DeFi players to respond দ্রুত to security incidents and reinforce user confidence in the space.
This development signals growing maturity within the DeFi sector, as collaborative recovery efforts become a key mechanism for mitigating risk and protecting users after major exploits.
⚠️ Not financial advice.
Crypto is risky & volatile.
Always DYOR.
#KelpDAO #DEFİ $BTC