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