Aave Releases Technical Plan to Restore rsETH Backing as Defi United’s Coalition Expands

28-Apr-2026 Bitcoin.com
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 […]
Also read: Ethereum Power Play: Bitmine Rockets Past 5M ETH With Fresh 101,901 Purchase
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