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Arbitrum DAO votes to ban three projects from future grants after recovering 532,000 ARB
The Arbitrum DAO is currently voting on a proposal to prohibit three projects—Good Entry, Limitless, and APX Finance—from receiving future grants. This action follows the recovery of approximately 532,000 ARB tokens, identified through the DAO's Watchdog program due to significant issues related to milestones, reporting, and fund usage. The voting period remains open until September 23, 2026, so the bans are not yet finalized.
Key points
- Arbitrum DAO initiates vote to ban three projects from future grants after recovering 532,000 ARB.
- Voting on the grant bans remains open until September 23, 2026; decisions pending.
Sources
AI-generated from public news sources. Not financial advice.
