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AMD $606.07 -3.56%

Arbitrum's proposal on "Token Swap with Blue-Chip Ecosystem Projects" has received over 70% opposition votes

2024-10-19 20:00:42

According to ChainCatcher's message, the Snapshot page shows that Arbitrum has initiated a proposal for token swaps with a series of blue-chip projects. Currently, 19 blue-chip projects have been identified, and it is planned to swap tokens with 3-7 of these projects, with a total swap cap of 2 million ARB, and a maximum of 500,000 ARB per project.

In addition, the proposal suggests incentivizing users who still hold more than 50% of their original ARB airdrop tokens through this program.

As of the time of this writing, the current opposition rate for this proposal is 74%, and it will end on October 25.

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