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With Unbound, Uniswap V3 LPs can borrow Unbound's stablecoin, UND, interest-free, secured against their concentrated liquidity positions.
The Arbitrum team issued a clarification stating that the proposal was a ratification and not a request.
Two giant whale addresses have reportedly accrued a loss of more than $400,000 after selling 3.73 million ARB on April 3. According to data from BitcoinEmber, an on-chain observer, the two addresses sold 3.73 million ARB.
The Arbitrum [ARB] Foundation has backtracked on its initial decision after the community erupted in protest over giving the Foundation control of 750 million ARB tokens, worth nearly $1 billion.
After a weekend that called into the question the agency of its community, Arbitrum has backtracked on a key governance proposal.
In March, the platform claimed to have successfully onboarded over 560,000 new users.
Arbitrum Foundation said it sold 10 million ARB tokens to fund pre-existing contracts and to pay for near-term operating costs.
For most of its existence, the crypto industry has been rife with fraud and failing investment ventures. Now that the investment spotlight has shifted to Arbitrum Foundation, crypto investors are paying close attention.
Arbitrum governance's AIP-1 plan has caused controversy in the community.
The price of Arbitrum token (ARB) witnessed a dramatic fall after the Arbitrum Foundation, the body responsible for overseeing the
The debate around Arbitrum's AIP-1 and subsequent scrapping — despite already-executed financial actions — isn't forcing some large whales to sell.
Two major whale addresses have dumped a staggering 3.73 million Arbitrum (ARB) tokens, incurring significant losses of over $400,000.
The Arbitrum Foundation, the provider of Ethereum layer 2 solutions, has been forced to backtrack on its recent governance proposal, AIP-1, after facing backlash from the community of token holders. The initial proposal was considered too large and covered too many topics.
The Arbitrum Foundation has backtracked on a controversial proposal and ratification vote that gave it control of a huge chunk of tokens.
The Arbitrum Foundation intends to split the AIP-1 proposal into a series of separate ballots under solid community resistance and promises to review each portion of the proposal this week.
The Arbitrum Foundation issued a mea culpa after its contentious premiere governance vote backfired.
Arbitrum said its first vote—which drea 70% opposition—was a “ratification” and not a “request.”
The Arbitrum Foundation has ignored the impending results of AIP-1's "ratification" vote by pre-emptively selling ARB tokens.
The Arbitrum Foundation, the body responsible for overseeing the decentralized governance system of the Arbitrum network, has released a statement to clarify its position on the recent controversy surrounding its token allocation process that triggered a 6% drop in the price of the ARB token.
The Arbitrum Foundation announced that it was only ratifying an existing decision when it proposed a 750 million ARB tokens budget.
Arbitrum Foundation clarifies on-chain transfers of 50M $ARB tokens. 40M was allocated as a loan, and 10M was converted to fiat for operational costs.
The proposed "special grants" program on the Arbitrum blockchain, which would allocate 750 million ARB tokens worth nearly $1 billion to the centralized Arbitrum Foundation without input from token holders, has caused community concerns.
The Arbitrum Foundation sold ARB tokens before the community ratified the organization's budget, leading to a governance crisis. The Foundation used the tokens for the DAO's operational purposes.
Arbitrum's decentralized governance plan is off to a rocky start after the Foundation started selling ARB tokens without community approval.
