BlockBeats report, April 30: According to official announcements, KelpDAO has fulfilled its committed contribution to the Recovery Fund, providing $2,000 ETH in treasury funds to the DeFi United Recovery Initiative, led by Aave and others, to restore the peg support for rsETH and enable the system to return to normal operations. This one-time funding is intended to bring rsETH back to its target exchange rate.
Following the April 18 incident, DeFi United, in collaboration with multiple ecosystem participants including Mantle, Consensys, Arbitrum, Lido Finance, and LayerZero, developed a recovery roadmap covering the recapitalization of bridge vaults, restoration of oracle functionality, and remediation of funding gaps in affected markets. Kelp stated that its contributions have helped accelerate the overall recovery process.
Kelp emphasized that, prior to any public statement, the company’s internal commitment was that “rsETH holders will not be abandoned,” and stated that this contribution is a direct manifestation of that commitment. As funds from various parties are gradually secured, the collateral backing of rsETH will be restored incrementally, and the company will continue to provide updates to the community.