Arca responds to the Aragon Association: The 51% attack is incorrect, and there was no attempt to dissolve the DAO organization
ChainCatcher news, regarding the Aragon Association's claim that "investors like Arca initiated a 51% attack," Arca's Chief Investment Officer Jeff Dorman responded in a recent blog post, stating: "The narrative of a 51% attack is actually incorrect; we are token holders, and we want to use our tokens to participate in governance. Arca's staked tokens promote active participation from token holders."Additionally, in response to the Aragon Association's claim that Arca and others dissolved the DAO organization, Arca stated that it did not attempt to dissolve Aragon, and that Arca has not invested in Invictus, Rook, Rome, or Temple, where the Fei Labs team proposed the dissolution themselves, and the Rook team initially proposed splitting the Incubator DAO. These are all efforts by token holders to achieve the best outcomes.Previous news, the Aragon Association canceled the voting rights plan for ANT token holders regarding the allocation of a $200 million treasury. They stated that the cancellation was to ensure the safety of the ANT price in response to the "51% attack" initiated by investors, including Arca. (Source link)
