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
Source:Odaily · Source Link
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