10,000 Ethereum Allocated for KelpDAO Hack Recovery
LayerZero will provide a substantial sum to support the DeFi market following the KelpDAO hack, allocating 10,000 Ethereum, valued at $23 million, to this project.
💰 These Ethereums will be distributed among several projects, including 5,000 Ethereum to the DeFi United Fund and another 5,000 Ethereum to support the Aave project.
📊 It's worth noting that the DeFi United Fund has already raised over $300 million, demonstrating its support for projects in this sector.
🚨 This initiative follows LayerZero's "Fire Plan," which focuses on supporting projects impacted by the KelpDAO hack.#AftermathFinanceBreach #CFTCWillUseAItoReviewCryptoRegistrations
LayerZero will provide a substantial sum to support the DeFi market following the KelpDAO hack, allocating 10,000 Ethereum, valued at $23 million, to this project.
💰 These Ethereums will be distributed among several projects, including 5,000 Ethereum to the DeFi United Fund and another 5,000 Ethereum to support the Aave project.
📊 It's worth noting that the DeFi United Fund has already raised over $300 million, demonstrating its support for projects in this sector.
🚨 This initiative follows LayerZero's "Fire Plan," which focuses on supporting projects impacted by the KelpDAO hack.#AftermathFinanceBreach #CFTCWillUseAItoReviewCryptoRegistrations