LayerZero to donate 10,000 ETH to DeFi United

LayerZero (ZRO) has announced it will donate a total of 10,000 ETH to the DeFi United initiative, which was formed following the recent KelpDAO hack. According to The Block, LayerZero will contribute 5,000 ETH to DeFi United and another 5,000 ETH to bolster liquidity on Aave. The project also plans to take additional measures to enhance the liquidity of GHO, Aave's native decentralized stablecoin. The move follows criticism directed at LayerZero after the hack, as some observers noted that KelpDAO was using a 1:1 DVN model that relied on LayerZero as its sole validator.