ChainCatcher message, Arbitrum announced on social media that ArbitrumDAO plans to launch a $2.5 million subsidy fund in September, aimed at subsidizing the security service costs of projects within the Arbitrum ecosystem.

ChainCatcher news, ArbitrumDAO has initiated a proposal for a new activity plan for ArbitrumHub. The proposal states that ArbitrumHub will focus on promoting project activities, information updates, and community engagement, requesting $474,000 in funding for the first six months of activity.Currently, the proposal faces significant opposition from the community, with a disapproval rate of 93%. The main concerns are that the proposal lacks quantifiable outcomes, has unclear costs, and is asking for too much funding.

ChainCatcher news, according to official news, Arbitrum announced that the "AIP-1.1" proposal has been voted through with a support rate of 99.56%. It is reported that the proposal involves the budget of the Arbitrum Foundation, stipulating that all 700 million ARB of the foundation must be locked in a release contract and released to the treasury over 4 years. (Source link)

ChainCatcher news, the Arbitrum community has initiated the Arbitrum Improvement Proposal 1 (AIP-1), which aims to introduce a decentralized autonomous organization structure called ArbitrumDAO. This organization will be managed by ARB holders, and the Arbitrum Foundation, located in the Cayman Islands, will serve and be governed by the ArbitrumDAO community, with the goal of promoting the growth and development of the Arbitrum ecosystem. The entity behind this proposal, Lemma, will also apply for a funding grant of 750 million ARB tokens (worth approximately 1 billion USD).Although the proposal has not yet been approved, a multi-signature wallet named "Arbitrum DAO Treasury2" has been created and has received nearly 700 million ARB tokens. A representative from the Arbitrum Foundation stated that this address is the Administrative Budget Wallet.It is reported that the proposal is open for voting on Snapshot and will end on April 3. As of now, the approval rate is 87.12%, with 12.2% against and 0.69% abstaining. (source link)