Arbitrum DAO starts vote to release 30,766 frozen ETH to DeFi United, following Kelp DAO attack
The Block
The Arbitrum DAO is voting to release 30,766 frozen ETH to the DeFi United recovery initiative following the recent Kelp DAO exploit.Summary
The Arbitrum DAO has initiated a governance vote to release 30,766 ETH, which was previously frozen by the Arbitrum Security Council following a massive $292 million exploit of the Kelp DAO protocol. The funds, currently held in a secure address, are intended to support the DeFi United initiative, a collective effort aimed at restoring backing for rsETH. Voting is open until May 7, with early support showing a strong consensus in favor of the proposal.
(Source：The Block)