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KelpDAO injects 2000 ETH into DeFi United Recovery Fund to advance rsETH recovery plan
BlockBeats News, April 30, according to official sources, KelpDAO stated that it has completed its committed contribution to the Recovery Fund and provided 2000 ETH in treasury funds to the DeFi United recovery plan led by Aave and others. The funds are intended to restore rsETH’s peg support and help the system resume normal operation. This funding is a one-time injection, aimed at bringing rsETH back to its nominal exchange rate.
After the April 18 incident, DeFi United, together with multiple ecosystem participants (including Mantle, Consensys, Arbitrum, Lido Finance, LayerZero, and others), developed a recovery path covering bridge treasury recapitalization, restoration of oracle functionality, and repairing funding shortfalls in affected markets. Kelp said its input helps accelerate the overall recovery process.
Kelp emphasized that, before any public statement, the company’s internal commitment is that “rsETH holders will not be abandoned,” and said that this contribution directly reflects that promise. As funds from all parties are gradually put in place, rsETH’s collateral support will gradually return to normal, and the company will continue to update the community on progress.