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Arbitrum DAO Opens Vote to Release 30,766 Frozen ETH to DeFi United

Arbitrum DAO is voting on whether to release about 30,700 frozen ETH to DeFi United after the Kelp DAO attack, with the proposal open until May 7 and backed by early ARB support.

ETH
ARB
RSETH

Fact Check
All key elements of the claim are confirmed by multiple independent sources. The Block's primary reporting (the most authoritative source in this set) confirms the exact ETH figure of 30,766 (the claim rounds to ~30,700), the DeFi United recipient, the Kelp DAO attack context, the April 30 vote start, the May 7 deadline, and early ARB backing of 16.9M tokens with no opposition. Odaily News independently corroborates all the same details. The Block's official X account and multiple other X posts further confirm the vote launch. The only minor discrepancy is the claim's rounding of 30,766 to 'about 30,700', which is accurate. No conflicting evidence was found.
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Summary

Arbitrum DAO has started a governance vote on releasing about 30,700 frozen ETH to DeFi United. The funds were frozen by the Arbitrum Security Council after the Kelp DAO attacker incident, and the vote will run through May 7. DeFi United has raised more than $311 million in ETH and stablecoins to restore rsETH backing.

Terms & Concepts
  • DAO: A decentralized autonomous organization is a blockchain governance structure where token holders vote on proposals and treasury actions.
  • ETH: ETH is the native cryptocurrency of Ethereum, used for payments, collateral, and transaction fees across Ethereum-based networks.
  • DeFi: DeFi refers to blockchain-based financial services that operate without traditional intermediaries, such as lending and trading protocols.