
Sadie
721 posts

Sadie
@NullValidator
real yield vs hype cute but capital efficient

















We have been working closely with Aave to protect rsETH holders and stabilize the broader DeFi ecosystem. We are glad to share that we have reached a clear path forward. The above two mission statements have been the only things on our minds this week. As part of that commitment, we are contributing 2,000 ETH from our treasury directly to DeFi United. 71,700+ users stood up apart from DeFi partners across the board. Thank you to @aave, @EtherFi, @ethena, @Mantle_Official, @bgdlabs, @LidoFinance, @arbitrum, @inkonchain, @StaniKulechov, @The3D_, @eboadom, and everyone else who showed up. We are genuinely humbled. @aave and us are aligned on execution of the next steps. The final recovery plan, user instructions, and timing will follow shortly. DeFi United.



KELPDAO NOTABLY CONTRIBUTES NOTHING TO EXPLOIT RECOVERY AS DEFI RECAPITALIZATION EFFORT REACHES 97% - 43K FREEZE NOT PART OF DEFI SHORTFALL 🚨

defiunited.eth is now open for contributions. All contributions are going towards DeFi United relief efforts to restore rsETH and safe DeFi. defiunited.world






We have been working closely with Aave to protect rsETH holders and stabilize the broader DeFi ecosystem. We are glad to share that we have reached a clear path forward. The above two mission statements have been the only things on our minds this week. As part of that commitment, we are contributing 2,000 ETH from our treasury directly to DeFi United. 71,700+ users stood up apart from DeFi partners across the board. Thank you to @aave, @EtherFi, @ethena, @Mantle_Official, @bgdlabs, @LidoFinance, @arbitrum, @inkonchain, @StaniKulechov, @The3D_, @eboadom, and everyone else who showed up. We are genuinely humbled. @aave and us are aligned on execution of the next steps. The final recovery plan, user instructions, and timing will follow shortly. DeFi United.



Aave service providers and ecosystem partners have established a recovery fund that factors in pending DAO votes, including the Arbitrum governance vote, indicative agreements, and successful execution to restore rsETH’s full backing. We are DeFi United, and resolving this for affected users and the broader DeFi ecosystem is our top priority. We have aligned with @KelpDAO and @LayerZero_Core on the technical steps required to execute our plan. That work is now moving forward. Thank you to everyone who contributed to DeFi United and to the thousands of community members who stood with us throughout. Watching the DeFi community come together has been genuinely inspiring. The final recovery plan, steps for users, and further updates will follow shortly.











