Aave and Compound Tackle Kelp DAO Hack Recovery
April 28, 2026 at 17:36
0
✦ AI Summary
- Aave and Compound release plans to address recent hack
- Focus on eliminating bad debt to restore stability
- Efforts aim to fully back exploited rsETH tokens
Aave and Compound, two leading decentralized finance (DeFi) protocols, have put forth a comprehensive technical strategy to recover from the $290 million Kelp DAO hack.
These measures are designed to eliminate bad debt within their systems and ensure the complete backing of exploited rsETH tokens. With these steps, both platforms aim to enhance their security and restore user confidence in their financial ecosystems.
Share: