Aave Founder Stani: Team Advancing Multiple Solutions, Recovered $70M in ETH

AAVE-2.35%
ETH-1.79%
ARB-3.89%

Gate News message, April 22 — Aave founder Stani said the team has been actively advancing event resolution in recent days, with the primary focus on protecting user interests and ensuring orderly market recovery. According to Stani, the team is working with multiple partners to advance several solution pathways, and the Arbitrum Security Council has recovered $70 million in ETH, which could significantly reduce potential risk exposure.

Multiple discussions and proposals remain under evaluation, Stani added. He emphasized the importance of reviewing the incident and learning from lessons, but noted that the current priority is addressing outcomes for Aave users and the protocol itself, with continued updates to follow.

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