The Snapshot page shows that the comprehensive governance package Arbitrum Improvement Proposal (AIP-1) initiated by the Arbitrum Foundation failed to pass the vote, accounting for 76.67% of the votes against it.
According to previous reports, the Arbitrum Foundation intends to break down the AIP-1 proposal into a series of separate proposal votes, and promises to rework each part of the proposal this week.
It is reported that the allocation of 750 million ARBs may be subject to an independent vote, while providing the Ecosystem Development Fund with background information on how the funds are used and a transparency report on the foundation’s budget.