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Aave service provider proposes Aave DAO to contribute 25k ETH to support restoring rsETH peg.

MeNews
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ME News, April 25 (UTC+8), Aave posted on X platform stating that Aave service providers have released an Aave DAO governance proposal, suggesting a contribution of 25,000 ETH to participate in the ongoing DeFi United initiative. The ETH funds will be used to support the restoration of rsETH's asset backing, helping it recover its peg as soon as possible and promote normalization of market conditions. This proposal aims to accelerate the risk management process for rsETH through Aave DAO-level funding, stabilizing the related DeFi market ecosystem. (Source: PANews)
AAVE7.35%
ETH1.79%
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