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 […]