According to Wu Blockchain, the Arbitrum DAO governance proposal reveals that Aave Labs, KelpDAO, LayerZero, EtherFi, Compound, and others have submitted a constitutional-level proposal to approve the release of 30,765.67 ETH previously frozen by the Arbitrum Security Council. The funds are intended for the rsETH recovery plan to address its collateral shortfall and restore its backing. The proposal states that the frozen funds, originating from attacker-related addresses on April 21, 2026, will be transferred to a multi-signature Gnosis Safe address to repair losses and compensate affected users. Currently, rsETH has a shortfall of approximately 76,127 ETH. The proposal is still undergoing the governance process, with an estimated overall cycle of about 49 days. No additional treasury expenditure is involved. The proposal currently has a 100% approval rate, and voting will conclude at 2:54 AM Beijing time on May 8. https://(wublock123.com)/news/arbitrum-dao-proposes-release-30800-eth-for-rseth-recovery-60395