The Aragon Association has canceled the voting rights plan for the allocation of $200 million in treasury to ANT token holders

2023-05-10 09:05:53
Collection

ChainCatcher news, the Swiss entity of the DAO solution provider Aragon, the Aragon Association, has canceled the voting rights plan for ANT token holders regarding the management of a $200 million treasury. It stated that the cancellation of the plan is to ensure the safety of the ANT price in response to a "51% attack" initiated by investors, including Arca.

The Aragon Association will repurpose the Aragon DAO as part of a new grant program to fulfill its fiduciary responsibilities. (CoinDesk)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
banner
ChainCatcher Building the Web3 world with innovators