Aave, along with several other organizations, submitted a governance proposal to the Arbitrum DAO, requesting the release of frozen ETH and pledging to invest in DeFi United.

CoinFeed reported on April 25th that Aave, along with several protocol partners including Ether.fi, KelpDAO, LayerZero, and Compound, submitted a governance proposal to the Arbitrum DAO. The proposal requests the Arbitrum Security Committee to release the ETH frozen due to the rsETH incident on April 18th. If released, these funds will be invested in DeFi United, a cross-protocol coordinated recovery project aimed at restoring rsETH support and repairing user rsETH losses. The proposal is now open for review.