Investing
Community wants Arbitrum Foundation to return 700M ARB to DAO Treasury
As per the proposal, the Foundation should proceed with its budget plan only after returning the tokens. “This is a symbolic gesture to demonstrate that the governance holders ultimately control the DAO, not the Arbitrum service provider nor the Foundation,” said a community member.
Voting will end on April 14. At the time of writing, 55% of voters supported the proposal, 42% opposed it, and 2% abstained.
Continue Reading on Coin Telegraph
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