DeFi United Emergency Plan: $300M $ETH Mobilized to Contain Systemic Risk $Aave-led DeFi United has secured 132,706 $ETH (~$302M) in commitments to stabilize a cascading DeFi crisis. Key contributors include Ethereum co-founder Joe Lubin (Consensys) with a massive 30,000 $ETH pledge The rescue plan targets two critical fronts: Restore rsETH reserves by converting ETH into rsETH in staged deployments, repairing the collateral gap caused by hacker-minted tokens. Force liquidation of toxic positions on Aave and Compound by temporarily recalibrating rsETH pricing, aiming to recover ~107,000 rsETH and convert it back into ETH to patch protocol losses. But the mission is far from secured. A large portion of $ETH is still pending governance approval, and execution depends on multiple DAO votes Meanwhile, concerns remain that attackers could still disrupt liquidation mechanics mid-operation Outcome still uncertain — DeFi is entering a high-stakes coordination battle where governance speed may decide survival #DailyOrbit #KelpDAOWhoPays $BTC $ETH $AAVE