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DeFi United has received enough contributions to potentially restore rsETH, receiving contributions worth $303 million, as of Monday.
DeFi United has raised 132,650 ETH, valued at about $303 million, to restore rsETH.
KEY POINTS
- Consensys contributed 30,000 ETH and Avalanche Foundation backed the DeFi United relief effort.
- Distribution of funds depends on governance votes from projects including Mantle, Ether.Fi, Lido, and Arbitrum.
- Arbitrum's proposal to contribute frozen 30,765 ETH could take approximately 49 days to complete.
- Tron DAO and HTX have supplied $20 million USDT to Aave to help ease its liquidity crunch.
COMPANIES
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