Avalanche Foundation supports DeFi United to restore rsETH collateral backing

By: www.chaincatcher.com|2026/04/27 16:48:54

The Avalanche Foundation stated on platform X that it supports DeFi United. This is a coordinated action aimed at restoring rsETH collateral support. DeFi is undergoing public stress testing, with transparent accounting and real accountability, while traditional financial systems often take months or years to complete such repairs.

The Avalanche Foundation expressed support for Aave and the broader DeFi ecosystem.

-- Price

--
--
--

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

You may also like

Avalanche Treasury Approves Up to $10 Million Buyback Plan, Reports $44.7 Million Loss

Avalanche Treasury approved a buyback plan of up to $10 million for Class A stock • Second quarter loss was $44.7 million, with approximately $35.7 million related to AVAX • Nasdaq resolved the issue regarding market capitalization of listed securities reaching $35 million.

Avalanche Treasury Approves $10 Million Share Buyback Despite $44.65 Million Loss

Event Update | Bitcoin Asia 2026 to be Held in Hong Kong from August 27 to 28

POSCO International's U.S. Subsidiary Records Trade Receivables on Avalanche

POSCO International's U.S. subsidiary has tokenized actual trade receivables and recorded them on the Avalanche (AVAX) based network. This follows a month after the proof of concept based on Injective (INJ) in July.

POSCO International Completes Receivables Tokenization Pilot on Avalanche

POSCO International America has completed a pilot project to tokenize receivables generated from trade transactions into blockchain-based virtual assets (digital assets). The company plans to expand its applications beyond tokenized trade finance to include stablecoin-based cross-border payments.

Avalanche's Tokenized Real Assets Surpass $3 Billion

The value of tokenized real assets (RWA) on Avalanche (AVAX) has been reported to exceed $3 billion (approximately 4.158 trillion KRW). This is not due to a single influx of funds but rather the transition of Japanese security tokens and the expansion of institutional...
...
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com