A controversial proposal requesting the return of 700 million ARB governance tokens to Arbitrum’s DAO treasury has been rejected by an enormous variety of votes on April 15. The enhancement proposal known as AIP-1.05 was launched after the Arbitrum Basis funds transferred with out neighborhood approval in March.
The proposal was rejected by 118 million votes, or 84% of the overall votes acquired, whereas 21 million ARB tokens voted for the proposal, virtually 14.5% of the overall. Round 2 million ARB tokens abstained. The proposal known as for the muse to return the tokens as a “symbolic gesture to reveal that the governance holders finally management the DAO, not the service supplier Arbitrum nor the Basis.”
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