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LayerZero Contributes 5,000 ETH To DeFi United

LayerZero is contributing 5,000 ETH to DeFi United's recovery effort.

LayerZero, the bridging protocol whose infrastructure was exploited in the April 18 rsETH attack, announced it is contributing 5,000 ETH to DeFi United's recovery effort. It is also supplying an additional 5,000 ETH to support Aave market liquidity, bringing its total commitment to 10,000 ETH. LayerZero had signaled its intent to contribute last week but withheld the amount until today's announcement.

DeFi United's total fundraise has surpassed 137,708 ETH, currently worth approximately $315 million. The Aave DAO leads contributions with 25,000 ETH, followed by EtherFi and Stani Kulechov personally. Compound Finance has pledged 3,000 ETH, Lido Finance 2,500 ETH, KelpDAO 2,000 ETH, and Golem 1,000 ETH.


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