Aave Governance Considers 25,000 ETH Commitment for Kelp DAO Recovery

Aave's governance is evaluating a proposal to allocate 25,000 ETH to support a recovery plan for Kelp DAO following an exploit of its rsETH bridge. According to NS3.AI, the proposal outlines a remaining funding gap of approximately 75,081 ETH. The plan is currently open for community feedback before proceeding to a Snapshot vote.