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Aave Service Provider Proposes Aave DAO to Contribute 25,000 ETH to Support Restoring rsETH Peg

2026-04-25 01:44

Odaily news, Aave posted on platform X that the Aave service provider has published an Aave DAO governance proposal. The proposal suggests contributing 25,000 ETH to participate in the ongoing DeFi United initiative. This ETH capital will be used to support the asset backing of rsETH, helping it restore its peg as quickly as possible and normalize market conditions. This proposal aims to accelerate the risk resolution process for rsETH through financial support at the Aave DAO level, thereby stabilizing the related DeFi market ecosystem.