DeFi United Unveils Technical Plan to Restore rsETH Backing After KelpDAO Exploit
BeInCrypto
DeFi United has launched a technical strategy to restore rsETH backing and recover stolen collateral following the major KelpDAO bridge exploit.Summary
DeFi United, a coalition led by Aave service providers, has introduced a recovery plan to restore rsETH backing following an April 2026 exploit on the KelpDAO LayerZero bridge that saw $292 million stolen. The initiative aims to recover approximately 107,000 rsETH held by the attacker across Aave and Compound platforms and restore the asset's nominal 1.07 ETH exchange ratio. By depositing committed ETH into the bridge lockbox, the coalition intends to avoid socializing losses, though the plan remains subject to governance approvals and final legal agreements.
(Source：BeInCrypto)