Aave, together with ether.fi, Kelp DAO, LayerZero, Compound, and several other DeFi protocols, has officially submitted a governance proposal to the Arbitrum DAO, requesting the release of ETH previously frozen by the Arbitrum Security Council due to the rsETH security incident on April 18. If the proposal is approved, the funds will be allocated to a cross-protocol recovery initiative called 'DeFi United,' aimed at restoring rsETH's asset backing and compensating affected users for their losses. Aave stated that the release of these funds would significantly advance the resolution of the incident, especially as other participants confirm their commitments. The proposal is now open for review and feedback from the Arbitrum community. https://www.(wublock123.com)/news/news-60110