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Lido Labs requested the Lido DAO to approve the use of 2,500 stETH, valued at $5.8 million, to address the rsETH shortfall caused by the recent Kelp exploit. The exploit led to bad debt concerns in DeFi platforms, prompting recovery efforts from various projects like EtherFi and Aave. The proposal aims to contribute to a broader recovery plan involving multiple stakeholders.
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