Arbitrum (ARB) DAO has initiated a governance vote for the return of Ethereum (ETH) frozen due to the Kelp DAO hack. The proposal involves forming a multi-signature wallet with participants including Aave Labs, Kelp DAO, and Ether.fi, to ensure the frozen funds are used exclusively for recovery procedures. Currently, the approval rate is 100%, and the vote is set to conclude on the 8th (local time).
