A $300 million hole doesn’t usually come with a neat repair manual. This time, the group spearheading the Kelp DAO recovery effort is trying to write one.
DeFi United, a coalition of multiple blockchain projects and crypto ecosystem individuals, has laid out a detailed, step-by-step plan to restore the backing of rsETH after this month’s Kelp DAO hack sent shockwaves through DeFi lending markets, releasing more than 116,000 tokens that weren’t properly accounted for.
The proposal, circulated on Aave’s official X account, reads like a coordinated cleanup operation, one that leans heavily on Aave’s infrastructure to unwind the damage and get markets back on a stable footing.
The incident traces back to April 18, when an attacker…






