The Arbitrum [ARB] Foundation has backtracked on its initial decision after the community erupted in protest over giving the Foundation control of 750 million ARB tokens, worth nearly $1 billion.
<p lang=«en» dir=«ltr» xml:lang=«en»>We look forward to proposing the new AIPs early this week and participating in an open discussion with the DAO. Arbitrum is the only L2 to seek DAO ratification of the initial Foundation funding and that transparency sparked this important discussion.— Arbitrum (
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