KelpDAO has contributed 2,000 ETH to DeFi United's Recovery Fund, aiming to restore the rsETH peg and stabilize the system. This contribution is part of a broader initiative led by Aave, involving multiple ecosystem participants such as Mantle, Consensys, Arbitrum, Lido Finance, and LayerZero. The recovery plan includes bridge treasury recapitalization and oracle functionality restoration. KelpDAO's commitment underscores its pledge to support rsETH holders, ensuring their interests are prioritized during the recovery process. The fund deployment will gradually restore rsETH's collateral backing, with ongoing updates promised to the community.
KelpDAO Injects 2,000 ETH into DeFi United's Recovery Fund for rsETH
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