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The Nexus
BUSINESSApr 26 · 20:09 UTCR/CRYPTOMARKETS/u/Mountain-Syllabub-10

Aave, Kelp seek $71M ETH release for rsETH rescue

Aave and Kelp are seeking a $71 million ETH release to rescue rsETH, a restaking token, amid concerns over its solvency. The request highlights risks in decentralized finance (DeFi) and potential systemic impacts.

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