According to Foresight News, the proposal to return 700 million ARB to the DAO treasury and repurchase $10 million worth of ARB previously sold failed, with 84.01% of the votes against. The Arbitrum community initiated a proposal about a week ago for the Arbitrum Foundation to return 700 million ARB to the DAO treasury. Prior to this, Arbitrum transferred some ARB without a DAO vote, which caused dissatisfaction in the community.