The Dilemma of the Arbitrum Foundation

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The arbitrum foundation is a separate entity to off chain labs. It was established with no funds, no money. The 10 million arbed tokens were sold to Fiat to fund pre-existing contracts and pay for the near term operating costs. And then also, like you said, the remaining 40 million arbed token has been allocated as a loan to a sophisticated actor in the financial market space. That's winter mutes. So I think the community who might be frustrated by this should consider this increasing the liquidity of ARB by transferring these 40 million dollar tokens to a market maker. But like anyone who is in my opinion questioning the incentives of the ARB spectrum team and ARB spectrum org

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------ Topics Covered

0:00 Intro

3:30 MARKETS 9:25 Self Custody https://twitter.com/santimentfeed/status/1640454653900124166 10:00 Uniswap vs Coinbase https://twitter.com/esatoshiclub/status/1642879360473464833 11:30 TraderJoe Arbitrum https://twitter.com/SizeChad/status/1641780916509974529 13:20 Nasdaq Price https://twitter.com/ercwl/status/1641974275023200257 15:25 Silk Road Bitcoin https://www.docdroid.net/cAA99Gw/123-pdf https://twitter.com/joemccann/status/1641845646226509824

21:30 Arbitrum Controversial Vote https://twitter.com/0xedenau/status/1642502145839890432 Vote: https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x3be7368a662d1cf12fa4da768d626edbc013be0dc7b994fef2e24d9a54e4033a Response: https://twitter.com/arbitrum/status/1642653014518366209 Clarification: https://twitter.com/arbitrum/status/1643699348683870211 AIP-1: https://forum.arbitrum.foundation/t/aip-1-arbitrum-improvement-proposal-framework/30

43:50 Elizabeth Warren’s War on Crypto Tweet: https://twitter.com/ewarren/status/1641138829162577928 Stop: https://twitter.com/BanklessHQ/status/1641738330147569664

50:04 Dogecoin Twitter https://twitter.com/elonmusk/status/1642976364080041984

51:55 Binance Interpol https://twitter.com/cobie/status/1643030646326202370 https://twitter.com/cobie/status/1643042169153028097 https://cryptopotato.com/cz-says-interpol-red-notice-rumors-are-fud/

58:45 Euler Hack https://twitter.com/eulerfinance/status/1643345907344379904 https://forum.euler.finance/t/special-announcement/900 1:02:45 Optimism RPGF https://optimism.mirror.xyz/Upn_LtV2-3SviXgX_PE_LyA7YI00jQyoM1yf55ltvvI 1:09:45 MEV Flashbots Attack https://twitter.com/Mudit__Gupta/status/1642844239733071872 https://twitter.com/hudsonjameson/status/1642806078088921094 https://twitter.com/metachris/status/1642862456556130306 https://twitter.com/nanexcool/status/1643325676051652612 1:19:30 EIP-4844 https://twitter.com/peter_szilagyi/status/1642945334396551171

1:21:24 News Opensea Pro: https://twitter.com/openseapro/status/1643314687134556160 Airplane Ticket NFT: https://flybondi.com/ar/ticket3puntocero MicroStrategy Bitcoin: https://twitter.com/BitcoinMagazine/status/1643624720598720513 Signature Tether: https://www.bloomberg.com/news/articles/2023-04-04/signature-s-signet-provided-path-for-tether-holders

1:24:30 zkSync Era https://twitter.com/zksync/status/1642277357368090626

1:31:15 Raises Ledger: https://www.ledger.com/blog/a-message-from-pascal-gauthier-chairman-ceo-of-ledger LayerZero: https://www.coindesk.com/business/2023/04/04/crypto-protocol-layerzero-raises-120m-series-b-at-3b-valuation/ Li.Fi: https://twitter.com/lifiprotocol/status/1643226950318837768 ENS Vision: https://twitter.com/ensvision/status/1643214583308472321

1:34:30 Jobs https://pallet.xyz/list/bankless/jobs

1:37:10 Questions from the Nation https://www.bankless.com/join?utm_source=YouTube&utm_medium=Intro&utm_campaign=Intro_CTA1

1:40:15 TAKES War on Cryptography: https://twitter.com/functi0nzer0/status/1641774901949259777 FTX Credit Card: https://twitter.com/el_chapo_gb/status/1641138874205208584

1:42:10 MEME(s) of the Week https://twitter.com/bitcoinmagazine/status/1642955995407347712

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