Thu, 07 Maethereum

Arbitrum vote to release $71M in frozen Kelp exploit ETH set to pass

Burns Brief

The Snapshot vote would move the recovery effort toward a binding onchain Arbitrum governance proposal Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch $ETH $ARB for reaction — a decisive move above or below key levels will confirm the next trend.

The Snapshot vote would move the recovery effort toward a binding onchain Arbitrum governance proposal.

Key Takeaways