Aave Labs Urges Arbitrum DAO to Release $73 Million in Frozen ETH for rsETH Recovery

Apr 27, 2026 - 12:00
Aave Labs Urges Arbitrum DAO to Release $73 Million in Frozen ETH for rsETH Recovery
Aave Labs has proposed that Arbitrum release $73.5 million in frozen ETH to support rsETH recovery following the Kelp DAO exploit. The funds would be directed to a joint recovery initiative aimed at restoring asset backing and compensating affected users across DeFi platforms.