Summary

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Arbitrum Foundation initiated this proposal in response to gridlock, excessive operational inefficiencies, spending problems, and a lack of clear accountability within Arbitrum DAO

Arbitrum Foundation introduced a governance proposal that would grant five aligned entities, including itself and Offchain Labs, soft veto power and execution duties for Arbitrum DAO proposals

Arbitrum Foundation emphasized that the proposed veto power is not absolute and DAO delegates retain final decision-making authority on all proposals

Arbitrum DAO contributors voiced concern that the governance change threatens decentralization and tokenholder control

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