Arbitrum DAO votes on returning ETH frozen in Kelp DAO hack

The Arbitrum (ARB) DAO has launched a governance vote on a proposal to return Ethereum (ETH) that was frozen following a hack on Kelp DAO. The proposal calls for the creation of a multi-sig wallet involving Aave Labs, Kelp DAO, and ether.fi to ensure the frozen funds are used exclusively for recovery procedures. The vote, which currently has 100% approval, is set to conclude on May 8.