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
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