Crypto Initiatives Commit 43K ETH for Recovery
April 24, 2026 at 04:49
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✦ AI Summary
- Various protocols unite to support DeFi recovery
- Key players include Mantle and Lido DAO
- The initiative aims to restore backing for rsETH
In a collaborative effort named "DeFi United", several prominent crypto protocols have pledged a total of 43,000 ETH to aid in the recovery of rsETH backing. Notable participants include the Mantle, EtherFi Foundation, Golem Foundation, Lido DAO, Ethena, LayerZero, Ink Foundation, and Tyrdo.
This initiative highlights the commitment of the crypto community to bolster decentralized finance and reinforce stability within the ecosystem.
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