Arbitrum DAO Starts Vote on Frozen ETH Release Proposal

Arbitrum DAO has opened a constitutional-level vote asking ARB tokenholders to authorize release of ETH frozen after a Security Council emergency action on April 21, 2026. The proposal is an active on-chain vote (not yet executed) and requires elevated quorum and supermajority thresholds; if approved the ETH would be released under terms specified in the AIP. Market impact could include increased ETH liquidity on Arbitrum and support for downstream protocols (notably rsETH recovery), while the governance process itself may bolster or undermine community trust depending on the outcome. Timing is uncertain — the ETH remains frozen until approval and any execution timelock — and the vote’s result will set a precedent for handling future emergency freezes.