Aave service providers and ecosystem partners have established a recovery fund that factors in pending DAO votes, including the Arbitrum governance vote, indicative agreements, and successful execution to restore rsETH’s full backing.

We are DeFi United, and resolving this for affected users and the broader DeFi ecosystem is our top priority.

We have aligned with @KelpDAO and @LayerZero_Core on the technical steps required to execute our plan. That work is now moving forward.

Thank you to everyone who contributed to DeFi United and to the thousands of community members who stood with us throughout. Watching the DeFi community come together has been genuinely inspiring.

The final recovery plan, steps for users, and further updates will follow shortly.