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Arbitrum Holders Back $71M Ether Unlock, Boosting DeFi Recovery

Arbitrum Holders Back $71M Ether Unlock, Boosting DeFi Recovery

Published 2 weeks, 4 days ago
Description

Overwhelming support for unlocking $71M in frozen Ether from Kelp DAO exploit, with 95% approval in Arbitrum Snapshot vote. This paves the way for the next phase of DeFi United recovery, restoring confidence in restaking protocols. A binding vote on a Constitutional Arbitrum Improvement Proposal is upcoming, with another proposal to deploy 6,000 ETH for yield also gaining strong support.

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