ArbitrumDAO $ARB reaches consensus against AIP 1.05, a crucial proposal for arbitrum w/ ChainLinkGod MikeAbundo OlimpioCrypto Arbitrum
Largest holders of ARB tokens and contributors to ArbitrumDAO decided not to return 700 million ARB tokens to the DAO treasury. AIP 1.05 progress reflects the conflict between the groups of large and small Arbitrum holders.Arbitrum Improvement Proposal 1.05 is slated to fail as 84% of voters decided to vote against its implementation. Such results were registered by theSnapshot.org
It is obvious that the largest ARB holders were the ones who blocked the proposal. Out of 118 ARB belonging to the opponents of AIP 1.05, almost 60% is stored on just five wallets. By defeating AIP 1.05, the Arbitrum community chooses long-term ecosystem development over short-term financial gain
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Arbitrum (ARB) Jumps 14%, Here's Likely ReasonArbitrum (ARB) sees 14% surge, here's what's behind sudden jump
Read more »
Arbitrum (ARB) up 28% as Biggest Beneficiary of Shapella Upgrade, Here's How.arbitrum is riding the positive outlook of the ShapellaUpgrade to chart its price growth
Read more »
3 signs Arbitrum price is poised for a new record high in Q2For starters, Arbitrum is relatively cheaper versus its top Ethereum L2 rival, Optimism, which may lead to a rise in ARB prices in Q2.
Read more »
Prominent Trader Andrew Kang Updates His Price Targets for Ethereum and BitcoinTraders believe Ethereum and Bitcoin will update their local highs, as Arbitrum did
Read more »