Aave leads DeFi recovery plan with over $300 million in support
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Aave is leading the DeFi recovery efforts following the Kelp DAO exploit, having secured support exceeding $300 million from major participants such as Consensys, Lido, and EtherFi, in the form of donations, deposits, and lines of credit, pending governance approval. At the same time, Aave is seeking to unlock the ETH frozen on Arbitrum to compensate affected rsETH holders.
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