AIP 1.05 aims to return 700M $ARB to the DAO treasury, as a means to highlight holders’ authority. However, with a few large voters holding significant voting power, the decision could easily be overturned. Here is an overview of the situation. Early voting saw strong support with 21M tokens mainly led by individual wallets. However, the situation quickly changed as a small group of large voters stepped in and voted against it.
$ARB's Whale Delegates
$ARB's Whale Delegates
$ARB's Whale Delegates
AIP 1.05 aims to return 700M $ARB to the DAO treasury, as a means to highlight holders’ authority. However, with a few large voters holding significant voting power, the decision could easily be overturned. Here is an overview of the situation. Early voting saw strong support with 21M tokens mainly led by individual wallets. However, the situation quickly changed as a small group of large voters stepped in and voted against it.