Crypto & Web3
impact 16
Crypto protocols pledge 43K ETH to restore rsETH backing
Crypto protocols pledge 43K ETH to restore rsETH backing Mantle, EtherFi Foundation, Golem Foundation, Lido DAO, Ethena, LayerZero, Ink Foundation and Tyrdo have all made pledges to the “DeFi United” recovery effort.
Why it matters
The timing matters: foundation is converging with shifts in crypto, which could amplify the downstream impact.