Arbitrum has responded to the governance dispute on its official Twitter account and forwarded a long clarification posted on the official governance forum. Regarding some of the controversies involved in the governance proposal, Arbitrum explained that with the launch of the DAO, a "chicken or egg" problem arose, and many decisions had to be made before the official launch. Regarding AIP-1, Arbitrum pointed out that the goal of the proposal is to involve the community in initial decision-making and ultimately allow token holders to approve initial decisions and frameworks through DAO voting. Regarding the on-chain transfer of 50 million ARB, Arbitrum clarified that the foundation did not sell 50 million ARB tokens. 40 million of them were used as a savvy participant in the loan allocation financial market, and the remaining 10 million were converted into fiat currency and used for operating costs.
