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Arbitrum DAO has begun voting on the matter of releasing the frozen Ethereum.

2026-05-01 03:09:31

Abstract generation in progress

Golden Finance reports that on May 1st, Arbitrum DAO has begun voting on the release of the stolen Ethereum frozen by Arbitrum in the Kelp DAO theft incident.
The proposal suggests setting up a multi-signature address, with signers including Aave Labs, KelpDAO, Certora, and EtherFi.
This address will be used specifically for recovery work after receiving the Ethereum frozen by Arbitrum.
Currently, the proposal has a 100% approval rate, and the voting will end at 2:54 AM Beijing time on May 8th.

ARB-1.19%

ETH1.75%

AAVE-0.03%

View Original

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