Arbitrum AIP-1 proposal did not pass, with 76.67% of votes against.
According to Snapshot data on April 4th, the comprehensive governance package, Arbitrum Improvement Proposal (AIP-1), initiated by the Arbitrum Foundation, did not pass, with a 76.67% opposition rate. As previously reported by BlockBeats, the Arbitrum Foundation intends to decompose AIP-1 into a series of separate proposals for voting and promises to re-modify each part of the proposal this week. It is reported that the distribution of 750 million ARB tokens may be subject to independent voting, while providing background information on how to use funds for the "Ecosystem Development Fund" and a "Transparency Report" on the foundation's budget.
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