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Arbitrum DAO Begins Voting on Release of Frozen Ethereum
On May 1, Arbitrum DAO started voting on the release of stolen Ethereum that was frozen in the Kelp DAO theft incident. The proposal suggests setting up a multi-signature address, with signers including Aave Labs, KelpDAO, Certora, and EtherFi, which will be specifically used for recovery efforts after receiving the Ethereum frozen by Arbitrum. Currently, the proposal has a voting approval rate of 100%, and the voting will conclude at 2:54 AM Beijing time on May 8.