Aave Mobilizes DeFi Giants to Contain $292M KelpDAO Fallout

In the aftermath of the April 18 exploit that left KelpDAO’s rsETH with a significant backing shortfall, Aave’s service providers have taken the lead in organizing a coordinated industry response under the “DeFi United” initiative. The main objective is to contain systemic risks and restore confidence across interconnected protocols. Lido, Aave Unite Rather than focusing primarily on recoverin…