Aave raises nearly 80% of the $200 million it needs to cover bad debt left by Kelp DAO exploit

Neutral-43.74%
26 Apr, 16:21
Source: CoinDesk

AI Summary

Aave has raised nearly 80% of the $200 million needed to cover bad debt from the Kelp DAO exploit, with Mantle and Aave DAO as the largest contributors.

Blockchain analytics platform Arkham said that the largest contributors are Mantle and Aave DAO, having raised a combined $127 million.