Aave DAO asked to commit 25,000 ETH to coordinated rsETH recovery as funding stack aims to lock 120,015 ETH

The DeFi United recovery led by Kelp and Aave Labs recovered 73,700 ETH of the 163,200 ETH lost in the April 18 rsETH exploit, leaving an estimated shortfall of ~89,500 ETH. Kelp clawed back 40,300 rsETH (~43,000 ETH) after pausing its bridge 46 minutes into the attack; Arbitrum froze 30,700 ETH. Public pledges total 43,500 ETH (Mantle, Stani Kulechov 5,000 ETH, EtherFi 5,000 ETH, Lido up to 2,500 stETH, Golem 1,000 ETH, plus smaller pledges). Mantle’s MIP-34 would loan up to 30,000 ETH to Aave DAO (Lido APR +1% premium, up to 36 months), backed by 5% of Aave revenue and ~ $11M+ AAVE collateral; Bybit CEO Ben Zhou pledged to vote YES. Aave modeled $123.7M–$230.1M in potential bad debt; rsETH reserves were paused across Ethereum Core, Arbitrum, Base, Mantle and Linea.
AI Analysis
The story reports concrete recoveries (73,700 ETH recovered, including 40,300 rsETH and 30,700 ETH frozen) and public commitments totaling 43,500 ETH plus Mantle’s proposed 30,000 ETH loan—facts that materially reduce immediate liquidation/market pressure. However, an estimated shortfall of ~89,500 ETH and Aave’s modeled $123.7M–$230.1M potential bad debt keep significant risk intact. These factual elements justify a mildly positive sentiment and a moderate market impact for short-term traders.