The Arbitrum Foundation began selling ARB tokens before the organization's governing community of token holders approved the organization's budget, which was almost $1 billion. • Last week, Arbitrum distributed ARB Governance Tokens to hundreds of thousands of wallets to empower holders to make important decisions. One of the first packages appears to have been AIP-1, which covered governance, emergency powers, funding, and grants. • According to the proposal, the fund received 750 ...