PANews April 26 news, Aave officially announced the establishment of a special recovery fund (DeFi United) in conjunction with ecological partners and service providers, with the core goal of promoting rsETH to restore 100% asset backing, completely resolving the bad debt crisis caused by the previous KelpDAO cross-chain vulnerability. The program has been synchronized with Aave DAO (including Arbitrum chain) governance voting, protocol details, and execution processes.

On the technical side, Aave has reached a consensus with KelpDAO and LayerZero, clarifying the technical path for the recovery plan and advancing development. The current priority is to protect the rights of affected users and stabilize the DeFi ecosystem. As of now, leading protocols such as Lido, ether.fi, and Ethena have joined the rescue, with funds exceeding 13,500 ETH (approximately 300 million USD). The final recovery details, user operation guides, and key timelines will be officially announced soon.

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