# 5 May, 2026 - Roundup of Active/Upcoming Votes

**URL:** <https://forum.arbitrum.foundation/t/5-may-2026-roundup-of-active-upcoming-votes/30857>\
**Category:** Weekly Voting Reminders & Updates\
**Created:** [May 5, 2026, 3:08pm UTC](https://forum.arbitrum.foundation/t/5-may-2026-roundup-of-active-upcoming-votes/30857 "2026-05-05T15:08:06Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![raam](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/raam/32/9309_2.png) [@raam](https://forum.arbitrum.foundation/u/raam)\
**Post date:** [May 5, 2026, 3:08pm UTC](https://forum.arbitrum.foundation/t/5-may-2026-roundup-of-active-upcoming-votes/30857/1 "2026-05-05T15:08:06Z")

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## 🗳 **Onchain Proposals** 🗳

### 1. [Transfer 6,000 ETH and Idle Stablecoins from the Treasury to the Treasury Management Portfolio](https://alt.gov.arbitrum.foundation/proposal/86654545843645364200491220873325841239317939837732580673532485559601859962180?govId=eip155:42161:0x789fC99093B09aD01C34DC7251D0C89ce743e5a4)

This proposal, authored by Entropy, recommends transferring 6,000 ETH (accrued from network revenue) and approximately $150K of idle USDC from the DAO’s treasury into the Treasury Management Portfolio.

- **Yield Generation on Idle Capital:** Currently, this ETH is sitting idle in the L2 Treasury Timelock, generating no yield or strategic value.

- **Strategy Flexibility:** By allocating the 6,000 ETH, the DAO could generate an estimated 288.6 ETH annually. The funds will be deployed with strategy flexibility across options like liquid staking/restaking, lending, DEX liquidity provision, and call overwriting, aligned with treasury best practices.

_Voting ends in 2 days (May 7)_.

## ⚡ **Temperature Checks** ⚡

### 1. [Approve Release of Frozen ETH](https://snapshot.org/#/s:arbitrumfoundation.eth/proposal/0xb32581468bece42245fa267ea86156a621ae77f61bb866118189b5d50155b051)

This proposal, authored by Aave Labs, KelpDAO, LayerZero, EtherFi and Compound, requests the ArbitrumDAO to release the 30,765.67 ETH [frozen by the Arbitrum Security Council](https://forum.arbitrum.foundation/t/security-council-emergency-action-21-04-2026/30803), into the coordinated recovery effort to make affected rsETH holders whole (following the recent exploit).

_Voting ends in 2 days (May 7)_.

## 🔐 **March 2026 Security Council Election** 🔐

The [March 2026 Security Council Member Election results](https://alt.gov.arbitrum.foundation/elections) are here! We extend a warm welcome to the newly elected members who will be joining the March 2026 cohort:

1. [Michael Lewellen](https://alt.gov.arbitrum.foundation/elections/contender/0xbbd2e01efb88ce00f8f5b6b9a696966070089392)
2. [DZack23](https://alt.gov.arbitrum.foundation/elections/contender/0x09bdaf6be43cd6ff378e9cc785cd7a667b64668d)
3. [yoav.eth](https://alt.gov.arbitrum.foundation/elections/contender/0x475816ca2a31d601b4e336f5c2418a67978abf09)
4. [Certora](https://alt.gov.arbitrum.foundation/elections/contender/0xeee3fb3b792c7ddbb6aef0c440fbc621f4d6fe2d)
5. [bartek.eth](https://alt.gov.arbitrum.foundation/elections/contender/0x0275b3d54a5ddbf8205a75984796efe8b7357bae)
6. [Pablo Sabbatella](https://alt.gov.arbitrum.foundation/elections/contender/0x913af9a61d1a59aa5d21ce9bbf7fd44ed61db4ce)

The grace period is underway through May 21. This allows the election results to register with the Security Council contracts across relevant chains. Stay tuned!
