KelpDAO Recovers $43M in rsETH, Narrows Shortfall to 89,500 ETH

Gate News message, April 25 — KelpDAO announced progress on rsETH holder recovery efforts coordinated with Aave and ecosystem partners since April 18. The initial shortfall was 163,200 ETH; Kelp has recovered 40,300 rsETH (approximately 43,000 ETH), and the Arbitrum Security Council has secured an additional 30,700 ETH. The remaining gap is approximately 89,500 ETH.

Mantle, Stani Kulechov, EtherFi, Lido, and Golem have publicly committed to contributing a combined 43,500 ETH. Kelp is working to finalize these commitments and emphasized that rsETH holders remain the priority.