# Protocol Institute Introduced, LayerZero 5k ETH For DeFi United, Recovery Plan

*The Summer of Protocols relaunches as the Protocol Institute and Aave publishes the DeFi United technical implementation plan.*

By [ETH Daily](https://ethdaily.io) · 2026-04-29

news, 2026, april2026

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Quick Take
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*   SoP relaunches as Protocol Institute.
    
*   LayerZero contributes 5k ETH to DeFi United.
    
*   DeFi United technical recovery plan.
    
*   Ethereum issuance reduction discussions.
    

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Protocol Institute Introduced
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The Summer of Protocols, originally seeded by the [Ethereum Foundation](https://ethdaily.io/903), relaunched as The Protocol Institute, a new initiative to advance the study, design, and stewardship of protocols across research, entrepreneurship, governance, culture, and education. [Read more →](https://ethdaily.io/protocol-institute-introduced)

LayerZero Contributes 5,000 ETH To DeFi United
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LayerZero pledged 5,000 ETH to [DeFi United](https://ethdaily.io/defi-united-relief-vehicle-for-rseth) and another 5,000 ETH to support Aave market liquidity, bringing its total commitment to 10,000 ETH. DeFi United's total fundraise has surpassed 137,708 ETH (~$315M). [Read more →](https://ethdaily.io/layerzero-contributes-5000-eth-defi-united)

DeFi United Technical Implementation
------------------------------------

Aave published its technical plan for [DeFi United](https://ethdaily.io/defi-united-relief-vehicle-for-rseth), using temporary rsETH oracle adjustments on Ethereum and Arbitrum to liquidate 107,000 rsETH held across seven exploiter addresses on Aave and Compound. Recovered rsETH will be redeemed through Kelp to clear the deficits. [Read more →](https://ethdaily.io/aave-defi-united-technical-implementation)

Other News
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*   Ethereum issuance reduction discussions-
    
*   from: [Dima Gusakov](https://x.com/d_gusakov/status/2049089784459543008), [Evan Van Ness](https://x.com/evan_van_ness/status/2049168886663123455), and [Tom Lee](https://x.com/fundstrat/status/2049185889780138127).
    
*   Nouns [statement](https://paragraph.com/@nouns/statement-on-proposal-955) on Proposal 955.
    
*   Charon v1.10 [release](https://x.com/Obol_Collective/status/2049154200249213075).
    
*   This week in [Enterprise Onchain](https://x.com/enteronchain/status/2049083423239672038).
    
*   Privacy Boost [on Soneium](https://x.com/PrivacyBoost/status/2049099075681935587).
    
*   Human Protocol [with Griff Green](https://x.com/_humanprotocol/status/2049170025433399624).
    
*   Etherscan to [hide](https://x.com/etherscan/status/2049090067717865689) low-value txs.
    
*   Foundation [goes offline](https://x.com/foundation/status/2048915859444555950).
    
*   Puffer [contributes](https://x.com/puffer_finance/status/2049191910930325680) to DeFi United.
    
*   EtherFi [cuts off](https://x.com/ether_fi/status/2049136691362005451) 8 L2s.
    
*   Polymarket CLOB [update](https://x.com/PolymarketDevs/status/2048515356051030505).
    
*   CoW Swap [turns 5](https://x.com/CoWSwap/status/2049149067939172519).
    

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Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.

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*Originally published on [ETH Daily](https://ethdaily.io/935)*