Aave has just activated "Avengers" mode with the DeFi United bailout fund.
Lido is the first major player to fire, securing 2500 stETH to fill the rsETH vulnerability.
The goal is to wipe out 100,000 ETH in bad debt after the $290M exploit from the Kelp DAO.
Arbitrum has also successfully frozen $70M from hacker Lazarus's wallet.
TVL has fled with $9B, but at least the Aave ship has found a lifeline.
$AAVE $ETH $LDO
Lido is the first major player to fire, securing 2500 stETH to fill the rsETH vulnerability.
The goal is to wipe out 100,000 ETH in bad debt after the $290M exploit from the Kelp DAO.
Arbitrum has also successfully frozen $70M from hacker Lazarus's wallet.
TVL has fled with $9B, but at least the Aave ship has found a lifeline.
$AAVE $ETH $LDO