CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Moralis Money
The Defiant 2025-04-15 19:05:15

Arbitrum Foundation Proposes Veto Power for Arbitrum Aligned Entities Including Offchain Labs to Enhance DAO Governance

The Arbitrum Foundation has proposed a significant change to the governance structure of the Arbitrum DAO, aiming to enhance efficiency. The proposal suggests granting soft veto power over DAO proposals to five 'Arbitrum Aligned Entities,' including the Foundation itself and Offchain Labs, the company behind the Arbitrum blockchain. The move is intended to address issues such as proposal gridlock, inefficient processes, excessive spending, and a lack of accountability within the DAO. The Foundation argues that DAO delegates, tasked with decision-making on behalf of tokenholders, are overwhelmed by an avalanche of proposals, leading to inadequate management and oversight. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

https://www.digistore24.com/redir/325658/ceobig/
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.