Arbitrum Foundation Pledges New Votes, No ‘Near-Term” ARB Sales Amid Community Revolt

In the Discord post, Eli_DeFi said that 750 million ARB token allotment will now be subject to a standalone vote. “We’re working on options to add more accountability,” he said, noting Foundation tokens will not be used in votes. (The current vote treats the Foundation’s power over that sum as a foregone conclusion; it started spending and sending tokens even before passage).