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Lido DAO Proposes Contribution of 2,500 stETH to Aid Kelp DAO Hacking Victims

2026/04/24 09:12
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Written by L.Kikutani
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Lido DAO Proposes Contribution of 2,500 stETH to Aid Kelp DAO Hacking Victims

Lido DAO's Joint Relief Proposal

Lido DAO, a leading staking protocol, unveiled a proposal on the 23rd to contribute up to 2,500 stETH to aid the victims of the Kelp DAO exploit that occurred on April 18th. This funding aims to address the shortfall in the backing assets of rsETH and prevent disorderly liquidations in the DeFi (Decentralized Finance) market through a joint relief vehicle.

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MAGAZINE

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