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Compound has proposed contributing between 1,900 and 3,000 ETH—up to an estimated $6.9 million—to DeFi United’s recovery plan for rsETH, scheduled for April 28, following an exploit on April 18 that left rsETH backing impaired.
The proposal, submitted to Compound’s governance forum, seeks approval in principle from the Compound community. The final contribution amount within the 1,900 to 3,000 ETH range would be determined by the Compound Governance Working Group, alongside Gauntlet, security service providers, and the Compound Foundation.
DeFi United’s technical implementation plan targets the recovery of approximately 16,776 ETH from exploiter positions on Compound, alongside a 13,000 ETH recovery from Aave.
The proposal includes explicit conditions tied to restoring collateral and ensuring governance oversight. Full restoration of rsETH collateral is required, along with equal treatment of all affected parties and a clear, transparent execution plan supported by regular governance updates.
Of the total commitment, roughly 1,857 ETH is contingent on successfully recovering the attacker’s active position. The DAO retains the ability to scale back or withdraw support if these conditions are not met.
DeFi United’s 14-protocol coalition has secured more than $161 million in ETH commitments to restore rsETH backing after the April 18 exploit.
Additional commitments cited in the proposal include:
Compound’s proposal is part of a broader, cross-protocol coordination effort. ConsenSys and Joe Lubin’s 30,000 ETH commitment is described as providing immediate liquidity for governance processes without forcing rushed decisions.
Governance votes remain pending across several participating protocols, as the coalition continues its recovery planning.
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