# DeFi United Secures Sufficient Funds To Restore rsETH Backing

*Stani Kulechov confirms DeFi United has the funds to fully restore rsETH backing, pending governance votes.*

By [ETH Daily](https://ethdaily.io) · 2026-04-27

aave, defi, governance, rseth, kelpdao, layerzero, arbitrum, recovery, defi-united

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Aave founder Stani Kulechov [announced](https://x.com/StaniKulechov/status/2048193607979454681) that the [DeFi United](https://ethdaily.io/defi-united-relief-vehicle-for-rseth) initiative has secured sufficient funds to restore the full backing of rsETH following the [April 18 LayerZero bridge exploit](https://ethdaily.io/kelpdao-layerzero-bridge-exploit). Execution remains pending, subject to governance votes and the finalization of indicative agreements. [Aave](https://ethdaily.io/aave-contributes-25000-eth-to-defi-united) has also aligned with [KelpDAO](https://ethdaily.io/kelpdao-layerzero-bridge-exploit) and [LayerZero](https://ethdaily.io/layerzero-rpc-poisoning-attack) on the technical steps required to carry out the recovery plan.

Over the weekend, Aave [submitted](https://forum.arbitrum.foundation/t/constitutional-aip-approve-release-of-frozen-eth/30825) a governance proposal to the Arbitrum DAO requesting the release of [30,765.67 ETH frozen by the Arbitrum Security Council](https://ethdaily.io/arbitrum-freezes-kelpdao-exploiter-eth) in connection with the exploit. If approved, the funds would be directed into a 2-of-3 Gnosis Safe controlled by Aave Labs, KelpDAO, and Certora, and applied solely toward restoring rsETH's backing. The full AIP governance process is estimated to take approximately 49 days to complete. Aave expects to release a detailed recovery plan and next steps for affected users in the coming days.

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*Originally published on [ETH Daily](https://ethdaily.io/defi-united-secures-funds-to-restore-rseth)*