Arbitrum’s first governance proposal sparks controversy with $1B at stake By Cointelegraph
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A proposal to fund the Arbitrum Foundation with 750 million ARB tokens — nearly $1 billion — raised controversy in the ARB community over the weekend, as the Foundation announced that it was only ratifying a decision that had already been made.
The conflict comes after a few days the layer-2 protocol airdropped its governance token.
Continue Reading on Coin Telegraph
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A proposal to fund the Arbitrum Foundation with 750 million ARB tokens — nearly $1 billion — raised controversy in the ARB community over the weekend, as the Foundation announced that it was only ratifying a decision that had already been made.
The conflict comes after a few days the layer-2 protocol airdropped its governance token.
Continue Reading on Coin Telegraph