BroadChain News, April 26 at 08:46, Aave announced on April 26 that its ecosystem partners and service providers have jointly established a recovery fund aimed at restoring full asset backing for rsETH. The plan takes into account pending Aave DAO governance votes (including Arbitrum governance votes), indicative protocols, and subsequent successful execution.
Aave stated that it has reached an agreement with KelpDAO and LayerZero on the technical steps required to implement the recovery plan, and related work is underway. The current priority is to address the concerns of affected users and maintain the stability of the broader DeFi ecosystem. The final recovery plan, user guide, and further updates will be released soon.