Hace 14 h
Is @arbitrumdao_gov Really Safe…? Previously, during the OAT Committee member election, there was also a case where a candidate bought 20 million ARB voting power on @lobbyfinance . At that time, other ARB holders voted defensively to prevent a potential governance attack.
one seat in the @arbitrum security council was just bought by @blockful_io for ~5,400 USD via @lobbyfinance to... prove a point basically!
In this case, Blockful intentionally conducted a “stress test” to expose vulnerabilities in Arbitrum’s governance and clearly stated on the forum that they would voluntarily resign if elected.
The core issue lies in the steady decline of delegated voting power, a problem that was also pointed out in Nethermind’s analysis of Arbitrum governance.
Ultimately, this happens because token holders lack incentives to either vote actively or delegate passively — a structural weakness that can affect not only Arbitrum but any token-based governance system.
Potential solutions could be rewarding governance participation by: 1. Distributing a portion of newly issued tokens 2. Granting priority on txs inclusion
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