POPA ReconArbitrum DAO Approves $71M ETH Release to DeFi United
Arbitrum DAO Approves $71M ETH Release to DeFi United The Arbitrum DAO voted 100% YES, 16.9M ARB in favor to release 30,766 ETH frozen by its Security Council following the Kelp DAO exploit, directing the funds to DeFi United, the Aave-led recovery coalition assembled to restore rsETH's backing and close bad debt. However, a US federal court issued a restraining order on April 30, just before the vote concluded, blocking the actual transfer of the ETH pending legal resolution. 👉 theblock.co/post/400527/arbitrum-dao-approves-eth-release
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