⏰ Only 24 hours left!
Voting for SparkDEX's first DAO proposal ends tomorrow.
If you haven't voted yet, there's still time to share your opinion onchain.
SparkDEX community ftw 💪
https://t.co/xhXQqhqueb
DeFi Governance with SparkDEX 🗳️
Join us for an upcoming livestream with @0xQuantic and @AlexiAtlas, Co-founder of SparkDEX, to explore how governance works in DeFi and why it matters for protocols, and long-term ecosystem growth.
We’ll discuss governance design, community participation, and how @SparkDexAI is approaching this on Flare.
Set your reminder and join us live this Wednesday!
https://t.co/anW7BvMwo7
The SparkDEX DAO's first governance proposal is HERE!
It's time for the SparkDEX community to decide how protocol revenue and SPRK emissions should be distributed.
🗓 Voting: Begins May 13 at 11:00 AM UTC
🗣 Discussion: https://t.co/xqZ9lX0Zwe
Aave LLC has filed an emergency motion to vacate a restraining notice served on Arbitrum DAO on May 1, 2026 that attempts to seize approximately $71 million in ETH belonging to victims of the April 18 exploit.
A thief does not gain lawful ownership of stolen property simply by taking it, and the law is clear on this. Those assets were recovered to be returned to users victimized in the April 18, 2026 exploit. Freezing them harms the very people this recovery effort is designed to protect.
We’ve asked the court for an expedited hearing and a temporary vacatur, and we are continuing to work alongside the Arbitrum community and DeFi United to make affected users whole.
UPDATE: DeFi United, a recovery fund spearheaded by @Aave after the @KelpDAO exploit, has raised ~$303M in commitments from across the ecosystem to make affected $rsETH holders whole.
@StaniKulechov Been using @aave since it was called EthLend - great times. So happy to see community and builders coming together to support 🙏
When you see the team themselves donating their own hard earned money - well that speaks volumes …keep it up
Update on rsETH incident:
WETH reserves on the Ethereum Core V3 market have been unfrozen and users can supply WETH to Ethereum Core V3 again. WETH LTV remains at 0.
WETH reserves on Ethereum Prime, Arbitrum, Base, Mantle, and Linea remain frozen.
Aave service providers will continue to work on next steps and provide updates accordingly.
@0xPrince A bit of good news among these stressful days.
Now it raises other questions about decentralisation- regardless I believe this is a win and we should be happy
The Arbitrum Security Council has taken emergency action to freeze the 30,766 ETH being held in the address on Arbitrum One that is connected to the KelpDAO exploit. The Security Council acted with input from law enforcement as to the exploiter’s identity, and, at all times, weighed its commitment to the security and integrity of the Arbitrum community without impacting any Arbitrum users or applications.
After significant technical diligence and deliberation, the Security Council identified and executed a technical approach to move funds to safety without affecting any other chain state or Arbitrum users.
As of April 20 11:26pm ET the funds have been successfully transferred to an intermediary frozen wallet. They are no longer accessible to the address that originally held the funds, and can only be moved by further action by Arbitrum governance, which will be coordinated with relevant parties.