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LayerZero pledges 10,000+ ETH to Aave-led DeFi United recovery effort!

LayerZero Labs has committed over 10,000 ETH to the Aave-led DeFi United recovery initiative in the wake of the rsETH…

LayerZero Labs has committed over 10,000 ETH to the Aave-led DeFi United recovery initiative in the wake of the rsETH incident. The pledge breaks down into a 5,000 ETH outright donation and a further 5,000 ETH deposit to bolster Aave liquidity, with additional plans to deepen GHO liquidity as the effort scales.

Beyond the capital commitment, LayerZero said it will work alongside Aave and other DeFi participants to establish clearer standards for how Omnichain Fungible Tokens should be structured and integrated into lending markets — a signal that the industry is treating the rsETH episode as a design lesson, not just a one-time loss event.

The coordinated response points to a maturing DeFi ecosystem where major infrastructure players step in collectively rather than leaving recovery to individual protocols.

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Aggregated from WuBlockchain · Verified · Last refreshed 27d ago
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Wu Blockchain
Wu Blockchain @WuBlockchain · 27d ago
LayerZero Pledges Over 10,000 ETH to DeFi United Recovery Effort LayerZero Labs has pledged over 10,000 ETH to the Aave-led DeFi United recovery initiative, including a 5,000 ETH donation and a further 5,000 ETH deposit to support Aave liquidity, with plans to increase GHO liquidity. The move is part of the industry response to the rsETH incident. LayerZero also said it will continue working with Aave and other DeFi participants on how OFTs should be designed and set up for use in lending markets. https://t.co/gtfPVNoja4
LayerZero Pledges Over 10,000 ETH to DeFi United Recovery Effort

LayerZero Labs
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