🚨 BREAKING Aave service providers made a proposal for @aave DAO to commit 25,000 ETH from its treasury to help plug the hole left by the Kelp/rsETH hack. The hack originally created a shortfall of ~163,000 ETH Shortfall has been reduced: - Kelp froze some of the stolen tokens ~43,000 ETH - Arbitrum froze ~30,766 ETH - The hacker's own positions on Aave and Compound can be liquidated for ~14,000 ETH Remaining gap is down to ~75,000 ETH. - DeFi United, including EtherFi, Lido, Ethena, Ink, and several individuals have pledged ~14,570 ETH total - Mantle is providing a credit line of up to 30,000 ETH That leaves ~30,000 ETH still needed and Aave is stepping in for 25,000 of it, as a donation DeFi bailing out DeFi.(The Defiant)