Arbitrum votes to unlock 39,765 ETH worth $71 million linked to the Kelp DAO hack


On April 30, ARB holders initiated a vote to withdraw 39,765 ETH from a wallet associated with the Kelp DAO attack; it will run until May 7, and currently, 43.7 million ARB support the proposal, with less than 400 ARB opposing or abstaining. If approved, the funds will be sent to the recovery address 0xf22 in Gnosis Safe with a 3 out of 4 multi-signature from Aave Labs, Kelp DAO, Certora, and EtherFi, after which the project will be submitted for final approval via Tally.
The unlock will be the largest contribution to the DeFi United pool: 137,714 ETH ($317 million) have already been received at its address from over 116,000 wallets to compensate for the theft of about 116,500 RSETH ($293 million).
ARB-2.44%
ETH0.92%
AAVE-0.55%
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