Aave announced that its ecosystem partners and service providers will establish a recovery fund to facilitate the full asset backing of rsETH. This plan takes into account pending Aave DAO governance votes (including Arbitrum governance votes), indicative protocols, and subsequent successful implementation. Aave stated that it has reached an agreement with KelpDAO and LayerZero on the technical steps required to implement the recovery plan, and related work is underway. Addressing the issues of affected users and maintaining the stability of the broader DeFi ecosystem are currently the top priorities. The final recovery plan, user operation procedures, and further updates will be announced soon.