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The Nexus
BUSINESSApr 24 · 04:49 UTCCOINTELEGRAPHCointelegraph by Stephen Katte

Crypto protocols pledge 43K ETH to restore rsETH backing

Several cryptocurrency protocols have pledged 43,000 ETH to restore the backing of rsETH through the 'DeFi United' recovery initiative. Participating entities include Mantle, EtherFi Foundation, Golem Foundation, Lido DAO, Ethena, LayerZero, Ink Foundation, and Tyrdo.

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