Crypto

Aave Leads ‘DeFi United’ Push to Contain $292M KelpDAO Fallout

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In brief

  • Aave and a coalition of DeFi protocols are mounting a coordinated recovery effort dubbed “DeFi United” to absorb bad debt from the April 18 KelpDAO exploit.
  • Commitments span multiple platforms with Aave founder Stani Kulechov contributing 5,000 ETH personally.
  • Mantle has proposed a…

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