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🔥Aave DAO plans to contribute 25k ETH to participate in rescue efforts and increase support for "DeFi United" to restore rsETH peg
On April 25th, according to an official announcement, Aave service providers have submitted a governance proposal recommending that Aave DAO allocate 25,000 ETH to participate in the "DeFi United" joint rescue plan. The funds will be used to restore rsETH's peg support, alleviate the current collateral shortfall, and promote the market to return to normal operation as soon as possible. Previously, on April 24th, Marc Zeller, founder of the Aave ecosystem contribution organization Aave Chan Initiative (ACI), stated in a post that instead of initiating donations, it would be better to take the following approach: establish a deposit vault named "DeF…
#aave #eth