AAVE founder: Actively promoting multiple plans to achieve an orderly recovery of Aave, has recovered 70 million USD in ETH

AAVE founder Stani posted on the X platform that the team is working with multiple partners to advance several proposals to achieve an orderly return to normal market conditions and ensure the best outcomes for users.

The Arbitrum Security Council has recovered $70 million worth of ETH, a move that significantly reduces potential risk exposure. Various discussions and solutions are currently being considered. Stani stated that he is focused on Aave users and the protocol, and expressed gratitude for the support from industry developers. Updates on subsequent progress will be continuously released through @aave.