Mantle’s 30,000 ETH loan for Aave enters vote as DeFi United tops $314m
Mantle’s proposal to lend up to 30,000 ETH to Aave’s DeFi United rsETH rescue has gone live on Snapshot, adding structured credit to a $314m...
Tag : Aave
Aave, Compound Unveil Technical Plan to Address Fallout From $290M Kelp DAO Hack
In brief The DeFi United coalition has published a technical implementation for restoring rsETH token backing following the Kelp DAO hack. The relief effort secured...
Aave DAO Governance Vote to Pause Buybacks — KelpDAO Fallout Continues
Circle Ventures snaps up AAVE days after a $293M KelpDAO exploit, shoring up Aave’s bad‑debt shock while Washington weighs a landmark US stablecoin bill. Summary...
Aave asks Arbitrum to send 30K ETH from Kelp exploiter to ‘DeFi United’
Aave Labs has proposed that the decentralized autonomous organization behind Arbitrum unfreeze $73.5 million in Ether tied to the Kelp DAO attack and to direct...
Aave, Kelp seek $71M ETH release for rsETH rescue
Aave Labs, Kelp DAO, LayerZero, EtherFi, and Compound have asked the Arbitrum DAO to release 30,765.67 ETH tied to the Kelp DAO exploit recovery plan. ...
Aave Leads ‘DeFi United’ Push to Contain $292M KelpDAO Fallout
In brief Aave and a coalition of DeFi protocols are mounting a coordinated recovery effort dubbed “DeFi United” to absorb bad debt from the April...
Mantle proposes 30,000 ETH loan to help Aave cover bad debt
Mantle has proposed lending up to 30,000 ETH to Aave DAO to help address bad debt linked to the Kelp DAO exploit. Summary Mantle proposed...
Aave risk manager models 2 bad debt scenarios from Kelp DAO exploit
Decentralized lending platform Aave’s risk management provider has outlined two scenarios on how bad debt from the Kelp DAO exploit over the weekend could impact...
A $293 Million Hack Wiped $8 Billion From Aave Crypto TVL: Is the DeFi Protocol in Crisis?
Aave crypto is bleeding. The DeFi lending giant has shed nearly 21% over seven days, with AAVE trading around $90–$91 after a weekend that exposed...
DefiLlama founder rejects claims Aave TVL is inflated by looping trades
DefiLlama founder 0xngmi says Aave’s TVL isn’t being “pumped” by circular borrowing, arguing the platform’s metrics already strip out borrowed assets and loops. Summary DefiLlama’s...