Arbitrum DAO has commenced voting on the release of frozen Ethereum funds

BlockBeats News, May 1st: The Arbitrum DAO has initiated a vote regarding the release of the stolen Ethereum frozen in Arbitrum after the Kelp DAO hack. The proposal suggests setting up a multi-signature address with signers including Aave Labs, KelpDAO, Certora, and EtherFi. This address will be used exclusively for the recovery efforts once it receives the Ethereum frozen by Arbitrum.

Currently, the proposal has a 100% approval rate, and the voting is scheduled to end on May 8th at 2:54 AM (Beijing Time).