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

MeNews
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ME News reports, April 25 (UTC+8), Aave posted on X platform saying that Aave service providers have released an Aave DAO governance proposal, suggesting to contribute 25,000 ETH to participate in the ongoing DeFi United action. This ETH will be used to support restoring the asset backing of rsETH, helping it quickly recover its peg and promote market normalization. The proposal aims to accelerate the rsETH risk resolution process through Aave DAO-level financial support, stabilizing the related DeFi market ecosystem. (Source: PANews)
AAVE7.16%
ETH2.61%
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