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Aave DAO Proposes Using 25K ETH to Cover rsETH Hack Losses
An Aave DAO governance proposal seeks to use 25,000 ETH, worth about $58 million, from the treasury to address losses from Kelp DAO’s rsETH bridge hack. The proposal said estimated losses fell from 163,183 ETH to 75,081 ETH after some assets were frozen and recovered.