Proposal: Return 700M $ARB to the DAO Treasury

tl;dr this proposal is both invalid and bad governance.

This proposal does not have valid governance parameters and therefore cannot be executed. It also fails to follow the basic standards of governance outlined (i.e has not been posted for 3 days before voting starts among other failures).

ARB token has no control over private parties – it controls software. A token vote cannot compel a private party to disclose terms of a deal. Sure, anyone can create a vote that says anything, I can submit a vote that says “Make Vitalik buy ARB tokens” but the vote is meaningless.

The parameters the ARB token does control are listed in the constitution.

Conceivable, if this proposal was reformatted to follow proper governance procedures, it could fall into the “informational” category. But as it stands, this proposal is default invalid because it doesn’t even follow the basic formatting and process standards. It should be removed from snapshot like any other invalid proposal.

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