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EtherFi Foundation Proposes Injection of 5,000 ETH into rsETH Rescue Fund
On April 24, the EtherFi Foundation proposed to inject 5,000 ETH into the rsETH rescue fund to address collateral shortfalls, protect user assets, and prevent bad debts from spreading within the DeFi ecosystem. This proposal is part of the ‘DeFi United’ joint rescue initiative, with the core objective of restoring the peg of rsETH, stabilizing the lending market, and mitigating systemic risks arising from recent attack incidents.