ArbitrumDAO approved a temperature check vote to release 30,765.67 ETH frozen by the Arbitrum Security Council following the April 18 KelpDAO exploit. The vote passed on May 7 with 90.96% in favor and effectively no opposition.

The frozen ETH was seized from the exploiter on Arbitrum One on April 21 and moved to a protocol-controlled address pending a governance decision on its destination. This proposal routes those funds into the coordinated DeFi United recovery effort, a 3-of-4 multisig controlled by signers from Aave Labs, KelpDAO, EtherFi, and Certora.

The funds will be applied toward restoring rsETH's backing. The next steps involve a 3-day voting delay once the vote is submitted for onchain execution, a 14-day vote, an 8-day L2 waiting period, a 1-week L1 message finalization, and a final 3-day L1 waiting period before execution. In total, approximately 42 days remain before the transfer is fully executed.

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