Aave, Ether.fi, Kelp, LayerZero propose release of frozen ETH from incident
AI summary of the linked articleAave service providers, Ether.fi, KelpDAO, LayerZero, Compound and others have submitted a governance proposal to the Arbitrum DAO asking for the release of ETH frozen by the Arbitrum Security Council after the April 18 rsETH incident. If approved, the funds would go to DeFi United, a coordinated cross-protocol recovery effort meant to restore rsETH backing and address impairment of rsETH for users. The proposers say the contribution would meaningfully advance resolution as others confirm their commitments, and they invite feedback from the Arbitrum community. |
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