# 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.

**Published by:** [ETH Daily](https://ethdaily.io/)
**Published on:** 2026-04-27
**Categories:** aave, defi, governance, rseth, kelpdao, layerzero, arbitrum, recovery, defi-united
**URL:** https://ethdaily.io/defi-united-secures-funds-to-restore-rseth

## Content

Aave founder Stani Kulechov announced that the DeFi United initiative has secured sufficient funds to restore the full backing of rsETH following the April 18 LayerZero bridge exploit. Execution remains pending, subject to governance votes and the finalization of indicative agreements. Aave has also aligned with KelpDAO and LayerZero on the technical steps required to carry out the recovery plan. Over the weekend, Aave submitted a governance proposal to the Arbitrum DAO requesting the release of 30,765.67 ETH frozen by the Arbitrum Security Council 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.Sponsored byEarnUSD is a stablecoin vault by Lido for earning transparent, onchain USD-denominated rewards. Get started today at stake.lido.fi/earnDisclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.

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