$ARB , down 3.69% over 24 hours, and now Arbitrum has proposed reopening Stylus activation—with the Foundation’s signature required?
Put simply, this puts the Foundation in a straitjacket: existing contracts can be renewed permissionlessly, but future activations would need the Foundation’s approval, and the DAO could revoke its authority at any time.
Here’s the invalidation level: if $ARB breaks below the recent low of 0.168, the governance-narrative thesis is invalidated—don’t stubbornly hold on; exit first. If it holds, then consider playing a bounce.
If you want to experiment with less at stake, rather than blindly messing around, try your luck in Binance’s Spot Trading Tournament S8. The cost of trial and error in live trading is much higher than in a competition.
Do you think this governance narrative can keep $ARB above 0.17? Type 1 if you think it can hold, 2 if not.
#Write2Earn #BinanceSquare #ARB Arbitrum #TradingTournament
Put simply, this puts the Foundation in a straitjacket: existing contracts can be renewed permissionlessly, but future activations would need the Foundation’s approval, and the DAO could revoke its authority at any time.
Here’s the invalidation level: if $ARB breaks below the recent low of 0.168, the governance-narrative thesis is invalidated—don’t stubbornly hold on; exit first. If it holds, then consider playing a bounce.
If you want to experiment with less at stake, rather than blindly messing around, try your luck in Binance’s Spot Trading Tournament S8. The cost of trial and error in live trading is much higher than in a competition.
Do you think this governance narrative can keep $ARB above 0.17? Type 1 if you think it can hold, 2 if not.
#Write2Earn #BinanceSquare #ARB Arbitrum #TradingTournament