Arbitrum Governance: AIP 1.05
π’ This proposal demands the return of 700M $ARB πͺ unfairly allocated to the Foundation from the DAO. It argues that AIP-1 overstepped the DAO's power πͺ over treasury resources. The proposal seeks a symbolic gesture ποΈ to prove that governance holders control the DAO, not the Arbitrum service provider or the Foundation. Once resolved, the community can proceed with budget proposals πΌ. The proposal supports AIP-1.1 and AIP-1.2 but asks for trust restoration π€ in the governance process before moving forward. The ask includes returning 700M $ARB to the DAO β , buying back $ARB using fiat from the $10M OTC sale π, disclosing the market making deal with Wintermute π, and pausing AIP-1.1 and 1.2 βΈοΈ.