Frax joins DeFi United's rescue effort and will propose a governance plan to help Aave address the rsETH incident.

CoinFeed reported on April 24th that Frax Finance announced on its X platform that, as an Aave V4 partner, Frax is in direct communication with Aave to assist in addressing the rsETH incident. Frax stated that while it has no direct risk exposure, it will join DeFi United to contribute to stability in the Aave market and the DeFi ecosystem. Frax will soon submit a governance vote outlining a structured, incentive-aligned support plan to ensure mutual benefit for both ecosystems.