Svmuu reported that Kelp has fulfilled its committed contribution to the "DeFi United" recovery fund, injecting a total of 2,000 ETH to drive the restoration of rsETH collateral assets and normalize the system.
Kelp stated that this contribution is a one-time injection, directly aimed at restoring the nominal exchange ratio between rsETH and the underlying assets, and supporting the comprehensive repair of the entire system. This includes recapitalizing bridge vaults, restoring oracle functionality, and bridging funding gaps in affected markets. Kelp added that prior to the public announcement, it had already committed that rsETH holders would not suffer losses and emphasized that this action is a direct reflection of fulfilling that promise. As funds from various parties gradually become available, the rsETH collateral structure will be restored to normal operation in phases.
Kelp Contributes 2,000 ETH to DeFi United Recovery Fund to Advance rsETH System Restoration
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
CRI (Crypto International) Project Analysis and Market Status
-
2
SK hynix in talks with Intel over potential US memory production agreement
-
3
Fetch.ai (FET) Token Analysis: Project Status and Investment Considerations
-
4
Bybit to adjust risk limits and leverage for selected perpetual contracts including 1000XECUSDT and BLASTUSDT, effective Sep 18, 2026
-
5
Anthropic, after calling for an AI slowdown, has signed its first data center lease in Australia, planning a total capacity of 2.16 GW.
-
6
XLM Price Analysis: Stellar Lumens' Positioning, Progress, and Market Outlook
-
7
MCG Coin Analysis: The Current Status and Prospects of MetalCore, Microcap Gem, and MicroChains Gov Token
-
8
COB Token: The Rise, Fall, and Current Status of Cobinhood Exchange's Token
-
9
Nikkei: Japan's MUFG Bank to Introduce Guidelines for Financing Defense Industry
-
10
Zhipu AI's CoWork business in China is progressing rapidly, with industry orders exceeding 1 billion yuan within one month of GLM-5.3's release.
Markets Today
Recommended Reading







