Time
01:43
Aave service providers have proposed that the Aave DAO contribute 25,000 ETH to support the restoration of the rsETH peg.
April 25, 2026
CoinFeed News
CoinFeed reported on April 25th that Aave announced on its X platform that its service provider has released an Aave DAO governance proposal, suggesting a contribution of 25,000 ETH to the ongoing DeFi United initiative. This ETH funding will be used to support the restoration of rsETH's asset backing, helping it to quickly regain its peg and normalize market conditions. This proposal aims to accelerate the rsETH risk resolution process and stabilize the relevant DeFi market ecosystem through financial support at the Aave DAO level.