5min chapter

The Defiant - DeFi Podcast cover image

How Arbitrum is Scaling Ethereum, Layer 2 Challenges, Governance Scandal and ZK Threats

The Defiant - DeFi Podcast

CHAPTER

Arbitrum's First Governance Vote

Offshade Labs decentralized Arbitrum Dow to make all major decisions going forward. Now there was a bit of controversy around that first governance vote because the Dow approved to give the Arbitrum foundation a bunch of tokens and they also approved to give or loan to Wintermute, I believe, Arbitrum tokens. Those decisions were kind of rushed through and that the Dow was kind of self-awarding the Arbitrum Foundation, tokens without much discussion with the broader token holder community. But now that's been resolved, I think investing to those tokens and other measures.

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