DeFi United Unveils rsETH Recovery Plan After $292M KelpDAO Exploit

DeFi United has revealed a detailed recovery plan for rsETH following the $292 million KelpDAO exploit, amid ongoing Arbitrum DAO debates over unfreezing 30,766 ETH ($71M). The April 18 hack drained 116,500 rsETH (~18% of supply) via a LayerZero bridge vulnerability, prompting Arbitrum's Security Council to freeze the funds on April 20 by a 9-of-12 vote, while attackers laundered ~75,700 ETH ($176M). Aave TVL crashed from $15B to $8.4B, ETH dipped 5.62% to $1,975, and a coalition including Aave Labs proposed on April 25 routing funds to a secure safe with indemnification to avert liquidations and boost sentiment.