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Arbitrum Foundation Scraps Vote, Pledges Redo After ARB Tokenholders Revolt

Apr 03, 2023 · 1 min read · 51 points
Arbitrum Foundation Scraps Vote, Pledges Redo After ARB Tokenholders Revolt
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The backtracking will see Arbitrum hold a standalone vote on its 750 million token allocation.

Highlights

  • Arbitrum Foundation Pledges New Votes, No ‘Near-Term” ARB Sales Amid Community Revolt.
  • Backtracking will see Arbitrum hold a standalone vote on its 750 million token allocation.
  • Arbitrum foundation Pledged new votes, No near-term ARB sales amid community revolt.
  • The backtracking will be seen as Arbitrum’s first vote on a standalone token allocation in 2023.
  • It will be the first time Arbitrum has voted on a single vote on the value of its token allocation since it was announced in March 20, 2023 at 10:46 p.m.

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