Post
--Bullish
Binance News
·
--
Aave Proposes ETH Release to Arbitrum DAO Following rsETH Incident
Aave, along with other stakeholders, has put forward a proposal to the Arbitrum DAO to release Ethereum (ETH) that was frozen following the rsETH incident on April 18. According to NS3.AI, the proposal aims to inject these funds into DeFi United, with the goal of restoring rsETH collateral assets and compensating users for their losses. The decision now rests with the Arbitrum DAO, which will determine whether to approve the release of the frozen ETH.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.