Avalanche Foundation: Supporting DeFi United to Restore rsETH Collateral Support

Odaily reported that the Avalanche Foundation posted on X platform, 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 testing with transparent ledgers and real accountability, whereas traditional financial systems typically require months or even years to complete such repairs. The Avalanche Foundation expressed support for Aave and the broader DeFi ecosystem.