The proposal to return 700 million ARB tokens to the DAO treasury by Arbitrum did not pass.

BlockBeats reported on April 15th that according to snapshot data, the governance proposal of returning 700 million ARB to the DAO treasury on Arbitrum failed to pass the vote. The proposal aimed to return 700 million US dollars worth of ARB that were unfairly allocated to the foundation. The total number of votes against the proposal was 118 million ARB, accounting for 84.01% of the total votes.