💰 Kelp coordinates recovery efforts for rsETH holders following LayerZero bridge exploit. Initial shortfall was 163,200 ETH, with ~43,000 ETH recovered by Kelp and 30,700 ETH secured by Arbitrum Security Council. About 89,500 ETH remains outstanding. Partners including Mantle, EtherFi, Lido, and Golem have committed 43,500 ETH toward covering the gap. Mantle proposes lending up to 30,000 ETH to address Aave bad debt, while Lido submits proposal to contribute up to 2,500 stETH to relief effort.

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