Kelp contributes 2,000 ETH to the DeFi United Recovery Fund for rsETH restoration.

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Kelp has contributed 2,000 ETH to the DeFi United recovery fund to support rsETH restoration. The funds will help restore the nominal exchange rate and aid system recovery, including bridge vaults and oracle functions. The ETH price remains a key indicator for altcoins as the market absorbs this development. Kelp reaffirmed its commitment to rsETH holders, guaranteeing no losses. Restoration will proceed in phases as funds are deployed.

Odaily Planet Daily reports that Kelp has completed its committed contribution to the DeFi United recovery fund, investing a total of 2,000 ETH to support the restoration of rsETH collateral and the normalization of the system.

Kelp stated that this investment is a one-time contribution, directly aimed at restoring the nominal exchange rate between rsETH and its underlying asset, and supporting the comprehensive recovery of the entire system—including recapitalizing the bridge vault, restoring oracle functionality, and addressing funding gaps in affected markets. Kelp further noted that rsETH holders were assured of no losses prior to the public announcement, emphasizing that this action directly fulfills that commitment. As funds from various parties are gradually deployed, the rsETH collateral structure will be restored in phases.

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