As a member of the Security Council and as a delegate, I want to be clear that I am speaking here only in my role as a delegate. My role as a Security Council member in this matter is complete.
I agree with @Nicksta & strongly support expediting this process. We should move to a Snapshot vote as soon as possible to validate the community’s intent and avoid unnecessary delays in unlocking these funds.
That said, before progressing to the on-chain vote, there are still critical open questions that need clear answers:
- What is the expected outcome for Arbitrum users of Aave affected by this situation?
- What happens to Arbitrum users who were holding rsETH before the exploit?
- In the case of partial recovery, how will losses be socialized, and across which groups?
These funds were secured on Arbitrum, and it’s important to understand how the outcomes will impact users within the Arbitrum ecosystem specifically. Clarity here is essential for informed governance.
Before any on-chain execution, the DAO should clearly communicate:
- Both recovery scenarios: full & partial
- The distribution plan under each scenario
- How affected users are prioritized or treated
I’m supportive of moving quickly, but we need transparency around outcomes before the final transaction so delegates and the broader community can make a well-informed decision.