Aave-Led ‘DeFi United’ Relief Effort Raises $300 Million to Cover Kelp DAO Exploit Losses
In brief DeFi United has received enough contributions to potentially restore rsETH, receiving contributions worth $303 million, as of Monday. The coordinated relief effort has drawn participation from across the crypto industry, including contributions from Consensys and the Avalanche Foundation. The total amount raised was contingent on governance proposals, including one on Arbitrum that’s expected…