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Proposal to Return ARB Tokens to Arbitrum DAO Treasury Rejected

Blockchain 

Cryptocoins News / Blockchain  70 Views


A proposal seeking the return of 700 million ARB governance tokens to Arbitrum's DAO treasury was rejected after receiving only 14.5% of the total votes. The proposal called for the foundation to return the tokens as a symbolic gesture to demonstrate the DAO's control over the governance holders. The rejection comes amid a dispute between Arbitrum's community and foundation over its governance proposal AIP-1. (Read More)
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