Arbitrum DAO has begun voting on a proposal to release approximately 30,700 frozen ETH to DeFi United.

CoinFeed reported on May 1st that, according to The Block, the Arbitrum DAO has begun voting on a proposal to release approximately 30,700 frozen ETH to DeFi United. Voting will continue until May 7th. The Arbitrum Security Council previously froze approximately 30,700 ETH (worth approximately $71.1 million at the time) transferred to the Arbitrum One address by Kelp DAO attackers. If this vote passes, Arbitrum will become the largest contributor to DeFi United. DeFi United is an Aave-led rescue operation aimed at raising funds to restore collateral support for rsETH, and has so far raised over $311 million in ETH and stablecoins.