The tweet was deleted by the author.
But we saved everything 🙂.
ETH release to DeFi United proposed, Stani Kulechov notes
Stani Kulechov, founder and chief executive officer (CEO) at Avara, has proposed releasing ETH frozen by the Arbitrum Security Council to DeFi United.
This action is described as a conditional measure to aid ongoing recovery efforts aimed at restoring rsETH backing.
Kulechov has recently signaled an upcoming proposal to increase ETH supply caps on Core as current limits are reached. He previously shared findings from the Bank of Canada that DeFi platforms such as Aave show strong resilience in systemic reviews, according to a recent report. These developments come as recovery efforts continue for rsETH backing.
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