Industry players are coordinating a recovery effort as the year's biggest crypto rattled Aave, with Lido and EtherFi being firsts to offer aid. Aave and partners are coordinating major recovery effort across DeFi to cover a shortfall and prevent bad debt after the $292 million exploit tied to KelpDAO. Lido Finance, EtherFi and Aave founder Stani Kulechov among those who proposed ether (ETH) to cover the hole. The initiative comes after an attacker created unbacked rsETH tokens and used the…
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