DeFi Protocols Launch Joint Escape Hatch for Aave ETH Lenders and Loopers
Fluid, with Lido, Ether.fi, 1inch, 0x and Kyber, launched an aWETH Redemption Protocol letting stuck Aave depositors swap aWETH into wstETH or weETH at roughly a 2.2% discount, processing about $136 million in its first 48 hours after the Kelp exploit froze withdrawals.
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