Aave + EtherFi, KelpDAO, LayerZero, Compound just dropped a proposal to unlock 30,765 ETH (~$71M) frozen on Arbitrum post-April 18 rsETH exploit.

Funds → "DeFi United" to restore rsETH backing.

Recovery stack:

30,765 ETH (frozen, pending vote)

25,000 ETH (Aave DAO)

5,000 ETH (EtherFi)

5,000 ETH (Stani personally)

2,500 stETH (Lido)

Ethena's in too

If this passes, the $292M hole gets plugged. But Constitutional AIPs take ~49 days. Users bleeding out can't wait.

Key point: Aave's contracts were never touched. This was a bridge failure that nuked lending markets downstream.

DeFi coordination at scale or band-aid on a systemic risk problem? 👀