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Lido Proposes 2,500 stETH for Kelp Recovery Package After $292M Exploit
Lido Labs asked Lido DAO to allocate up to 2,500 stETH, worth about $5.8 million, to reduce the shortfall from the recent Kelp exploit. The contribution would be released only if a fully funded recovery package closes the deficit in full. The Kelp exploit was estimated at about $292 million.