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Bitcoin.com
2026-04-28 07:55:46

Aave Releases Technical Plan to Restore rsETH Backing as Defi United’s Coalition Expands

Aave Releases Technical Plan to Restore rsETH Backing as Defi United’s Coalition Expands

Aave founder Stani Kulechov published a technical implementation plan on Tuesday to restore rsETH backing across affected protocols, with execution sequences set to begin within days. Key Takeaways: The recovery runs two parallel tracks, i.e., restoring rsETH’s nominal 1.07 ETH backing ratio through tranched ETH deposits, and clearing eight Aave positions. Post-exploit analysis found that

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