Arbitrum DAO Votes on $71M ETH Release Post-Kelp Exploit

Arbitrum DAO has initiated a vote on releasing approximately 30,765 ETH, valued at around $71 million, which is currently tied to the Kelp DAO exploit. Early support for the proposal is strong. This joint recovery plan aims to restore backing and stabilize related decentralized finance protocols.

Detected & updated continuously · Source: Ruma

Mentioned

Kelp DAO (kelp)@arbitrum