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Kelp DAO Hack: Aave DAO Proposes To Contribute 25,000 ETH To Recovery Efforts
By Semilore Faleti at 2026-05-02 05:48
Sentiment: Negative
Aave DAO has unveiled a proposal to deploy 25,000 ETH from its treasury to support a coordinated recovery effort following the recent Kelp DAO exploit. The move forms part of a broader “DeFi United” initiative aimed at restoring user funds and stabilizing affected lending markets. On April 18, KelpDAO suffered a major attack targeted at […] Continue reading...
Categories: DeFi
Tags: #DeFi #Aave DAO #Compound #DeFi United #ETH #Governance proposal #Kelp DAO #Mantle #rsETH
Source Bitcoinist