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Aave, Kelp, LayerZero ask Arbitrum DAO to release $71 million in frozen ETH to rsETH recovery effort
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Aave, Kelp, LayerZero ask Arbitrum DAO to release $71 million in frozen ETH to rsETH recovery effort
Aave Labs and four co-author protocols filed a proposal on Saturday morning seeking the release of 30,765.67 ETH that the Arbitrum Security Council froze in connection with the April 18 Kelp DAO exploit.The funds would be earmarked for DeFi United, the cross-protocol effort to restore rsETH’s backing.The standard Constitutional AIP lifecycle runs roughly 49 days from forum publication to onchain execution, a timeline some delegates have said is too long.
2026-04-25 Source:theblock.co
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