Arbitrum Foundation Scraps Vote, Pledges Redo After ARB Tokenholders Revolt

In the Discord post, Eli_DeFi said that 750 million ARB token allotment will now be subject to a standalone vote. “Weโ€™re working on options to add more accountability,” he said, noting Foundation tokens will not be used in votes. (The current vote treats the Foundation’s power over that sum as a foregone conclusion; it started spending and sending tokens even before passage).

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