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# DeFiUnited

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GateUser-77c97b4b

DeFi United Announces Ambitious Recovery Plan for Kelp DAO
In a major display of industry solidarity, the coalition known as DeFi United has unveiled a comprehensive restoration plan aimed at stabilizing Kelp DAO following its recent $292 million exploit. The strategy centers on restoring full collateral support for rsETH, ensuring that users impacted by the breach have a clear path to liquidity and asset protection. A key pillar of this recovery effort is the strategic involvement of Circle Ventures, which has initiated a substantial purchase of AAVE tokens to shore up market conditions and

AAVE0.58%

SOL-2.2%

TAO0.04%

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