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The Avalanche Foundation has announced its participation in the DeFi United coordinated action to support the restoration of rsETH staking.
April 28, 2026
CoinFeed News
CoinFeed reported on April 28th that the Avalanche Foundation announced on the X platform that it has joined the DeFi United coordinated action to support the restoration of rsETH collateral support. The foundation stated that DeFi is undergoing public stress testing, with transparent accounts and genuine accountability, something traditional finance rarely achieves, and even when it does, it takes months or years to resolve. Systems that withstand stress become more resilient, a prerequisite for handling large-scale fund flows in traditional finance.