Avalanche Foundation: Supporting DeFi United to Restore rsETH Collateral Support
2026-04-27 16:06
Odaily Planet Daily News: The Avalanche Foundation posted on platform X, stating that the Avalanche Foundation supports DeFi United. This is a coordinated action aimed at restoring rsETH collateral support following the incident on April 18. DeFi is undergoing public stress tests with transparent ledgers and real accountability, while traditional financial systems often take months or years to complete such repairs. The Avalanche Foundation expressed support for Aave and the broader DeFi ecosystem.
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