The coordinated scale of rsETH rescue has set a new record in DeFi history.


The official Mantle Network announced that the proposal for the rsETH relief coordination loan facility submitted to Aave has officially entered the governance voting stage. MNT holders need to complete delegation on Snapshot before participating in the vote.
Aave founder Stani Kulechov's comment was quite straightforward—this is the largest DAO coordination he has ever participated in.
At least six independent DAOs are simultaneously advancing governance plans: Arbitrum, Aave, EtherFi, Lido, Compound, Mantle.
Data on the funding side is also rapidly updating.
The donation address designated by DeFi United has currently raised a total of 1,137,714 ETH, worth about $314.57 million.
From 69k ETH a week ago to today’s 69k ETH—an increase of 16 times.
Looking at this news together with Andre Cronje’s recent debate, the picture becomes quite complete.
Cronje said that today’s DeFi "is no longer DeFi" because it is filled with human intervention and centralized operations.
Egorov said true security comes from decentralization, not more circuit breakers.
But DeFi United is demonstrating a third way—
Not relying on a single project team for human control, nor relying entirely on decentralization to leave everything to fate, but using coordination and governance voting among DAOs to build a "distributed mutual aid" mechanism.
Each protocol decides how much to contribute, each DAO makes choices through its governance process, ultimately pooling the dispersed forces into a $314 million rescue fund.
This is neither centralization nor anarchy, but a new form of governance—a cross-protocol, cross-DAO coordination network.
Whether DeFi can survive this crisis depends less on technical fixes and more on whether this coordination mechanism can continue to operate.
$314 million is just a number; the real asset is what this event has proven: DeFi can self-rescue in the most difficult times.
ETH0.66%
MNT-0.04%
AAVE-1.39%
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