🚀 Aave Launches USDm Incentives on MegaETH Market

LayerZero has committed to supporting the **DeFi United recovery fund** aimed at restoring rsETH's backing following the April 18 Kelp DAO bridge exploit. The recovery effort, led by Aave service providers, has secured multiple commitments from ecosystem partners including: - Lido Finance - Ether.fi - Ethena - Compound - LayerZero A governance proposal has been submitted to Arbitrum DAO requesting release of frozen ETH from the Security Council. Aave DAO has also proposed contributing 25,000 ETH to the recovery fund. **Current status**: rsETH reserves remain paused across Ethereum Core, Arbitrum, Base, Mantle, and Linea. WETH reserves on Ethereum Core V3 have been unfrozen, though LTV remains at 0. The final recovery plan and user instructions will be announced shortly as technical execution moves forward.

Frax Finance is joining efforts to restore rsETH's backing through a forthcoming DAO proposal. This follows similar support from EtherFi, which recently published their own proposal. **Key developments:** - Frax Finance will present collaboration details via DAO proposal - EtherFi previously contributed with their own DAO proposal - Multiple DeFi protocols coordinating on rsETH backing restoration The partnerships demonstrate growing coordination among major DeFi protocols to address liquidity challenges.

**Golem Project and Golem Foundation have contributed 1,000 ETH to the ongoing rsETH relief effort.** The contribution adds to the growing DeFi United initiative aimed at helping affected users. This follows previous support from Ethereum stewards Consensys and ethereumJoseph, who committed up to 30,000 ETH to the recovery effort. **Key points:** - Golem's 1,000 ETH donation supports rsETH recovery - Part of broader DeFi United collaborative effort - Aims to restore rsETH backing and normalize market conditions The coordinated response demonstrates cross-protocol cooperation within the DeFi ecosystem to address user needs during challenging situations.

Aave has launched **Aave Pro**, a new interface for interacting with Aave V4 Protocol. **Key features include:** - Earning and borrowing capabilities - Token swapping functionality - Position monitoring tools The interface is now available at [pro.aave.com](https://pro.aave.com/) This follows the V4 testnet launch in November 2025, which included a developer preview of the Pro interface. The full announcement details are available on the [Aave blog](https://aave.com/blog/aave-v4-live-ethereum). Aave Pro provides users with a streamlined way to access V4's liquidity protocol features through a web-based interface.