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The Nexus
BUSINESSApr 25 · 14:55 UTCTHE BLOCKZack Abrams

Aave, Kelp, LayerZero ask Arbitrum DAO to release $71 million in frozen ETH to rsETH recovery effort

Aave, Kelp, and LayerZero have requested the Arbitrum DAO to release $71 million in frozen ETH to support the rsETH recovery effort. The standard Constitutional AIP lifecycle, which takes approximately 49 days from forum publication to onchain execution, has been criticized by some delegates as excessively slow.

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