DeFi United Raises 132,000 ETH to Cover Kelp DAO Exploit Losses

Circle Ventures, Consensys, and Ethereum co-founder Joseph Lubin backed the funding effort to address bad debt linked to unbacked rsETH moved through LayerZero (cross-chain messaging protocol) and used on Aave (crypto lending protocol).

Summary

verifying reliability

Terms & Concepts

No specialized terms available for this topic.