Svmuu News: Arbitrum DAO has initiated a governance vote to release the previously frozen 30,766 ETH to support DeFi United, a recovery plan following the Kelp DAO attack.
These assets, worth approximately $71.1 million, were frozen by the Arbitrum Security Council on April 20. They were originally funds transferred to the Arbitrum network by the attacker. If the proposal passes, it will become the largest single source of funding for the DeFi United plan.
In the early stage of voting, 16.9 million ARB have already been cast in support. Currently, there are no opposing votes. The voting is set to continue until May 7.