Proposal: Return funds to arb users who sent their airdrop tokens to the contract address

I think this is correct. Additionally, the DAO doesn’t hold responsibility for those who received and then sent their airdrops to the contract address (or any other address). This entire thread reeks of illegitimacy. Any account or address I’ve followed has been quite questionable, though I haven’t done a thorough investigation so that is anecdotal.

My experience with this is two years as the workstream lead for Gitcoin’s Fraud Detection & Defense workstream.

There are simply too many red flags for me to believe this is worth the time of the DAO.

I would be voting no to this proposal as it stands.

  1. I don’t believe the DAO should set a precedent of taking responsibility for mistakes of users.
  2. If there was a known incident of a hack in the Arbitrum official discord, we could do a proposal specific to addresses affected, but only AFTER applying fraud detection to the addresses involved as the owner of the hack could be the owner of most affected! This is a zero cost attack and I know from experience the sybils are crafty.
  3. The process would need to be clearly scoped with milestones including a formal process for collecting addresses affected where they must include certain other identifiers, then the fraud detection, then the ratification of a final list.
  4. The process would need a champion willing to do the work. I would be more than willing to vote to reimburse someone for their time IF it turned out there was a legitimate claim. Unfortunately, I wouldn’t vote to fund this in advance at this point.

Side Note on Sybils

I’m very interested in minimizing the impact of sybil voters. There are transparent and auditable tools to do this along with better mechanism design we could use for our grant program governance (which is what sybils would want access too)

Sybil Detection Solutions

We can work with the Open Data Community to crowdsource detection using open-source code and data extracted from the source. There is also the option of using a service provider like TrustaLabs. While their approach is more blackbox, their expertise would show in the final reporting.

Mechanism Design Solutions

I’ve already suggested one such design before.

Another option would be to partner with an org like the Token Engineering Academy to find other potential system designs.

8 Likes

I’m a Treasure/Magic/ARB user since the last one year and having claimed my airdrop ARB tokens last month was an amazing feeling and financially rewarding return on the time and financial investment I had made since my entry into the crypto/NFT world!

Unfortunately, today I made the stupidest mistake by deciding to transfer my airdrop ARB claim of 3750 tokens from my MetaMask wallet to my financial portfolio, but instead I mistakenly placed the ARB token address and sent my 3750 tokens to the ARB Foundation.

I would really very very much appreciate a consideration wherein there’s some mutually beneficial solution, especially since a case like mine is very simple:

1.) My tokens were claimed on the airdrop day, 23 March 2023.

2.) And today, my tokens were transferred by mistake into the ARB token address.

That’s it. :frowning::frowning:

1 Like

Хорошая идея. Но давайте посмотрим, предыдущие предложения были удалены, с момента аирдропа прошло более 24 часов, и они до сих пор не сделали никаких заявлений по этому по этому

Please arbitrum Foundation return the token to senders

3 Likes
  1. Your tokens were stolen from me today! Then what is the point of a project whose members have been cheated by its system… the whole community will know about it! I have been interacting with your platform since June 2022, saving tokens for future work, and this morning I found out that I don’t have them anymore. What does that mean? No trust in your system? my transaction that I didn’t know about -

Pls return it with following this proposal,we support it

3 Likes

Your wallet has been hacked. it’s your fault :smiling_face_with_tear:

Please don’t blame Arbitrum team

I hope the proposal passes, and I support it

5 Likes

explain then smart guy, if my wallet was hacked, why only arbitrum tokens were stolen

I am sure that the loss of tokens is not my fault.
. After I claim the tokens, exactly 2 hours passed and they were transferred to the contract address. I didn’t do that and there is no such transaction in metamask

2 Likes

Pls arbitrum Foundation team,It’s been 1 month since this proposal was made, haven’t you guys seen this?

4 Likes

@Arbitrum @olimpio @TreasureDAO
Can the foundation start work on the AIP 2.0 please?

1 Like

Looking forward to your help with this proposal to help those who have accidentally transferred their ARB tokens to the contract address.

1 Like

What should I do if I wanted to return the tokens and foolishly granted access to my metamask and all the tokens were taken from me?

@arbitrum-live @arbitrum-support guys, when do we see any news ?

2 Likes

Pls arbitrum Foundation return funds to senders

1 Like

As a holder of Arb from being a recipient of this airdrop… Also, I am a holder who recently had lost access to the wallet containing the airdrop, stressed about it being set to expire in 5 months, but was hella lucky to find the seed… so, excitement and all, I can see how maybe I would have lost my tokens too??? Thankfully, I claimed the tokens, while choosing to self delegate (because I can’t guarantee that someone who says they will do something positive with my voting power, won’t change their plans later…right?), Yet… I experienced 0 loss, why? all my tokens are on my wallet… why? Where did people go wrong to send their tokens to the contract address? Was this a bug from delegating power being assigned to someone else… A malicious character masked to send delegated tokens to the contract address? To the actual contract?? i mean, I can only assume that people would be so hurried here, to get their tokens asap, happy to collect the $$, that they acted too hastily?? Don’t get me wrong, I feel for anyone who now sits dumbfounded at how they were able to send their tokens off into the abyss, yet if it was a personal mistake based on trying to collect to just sell off, i dont support giving anythifng back… because I was one who had been previously hacked through a clever, yet sneaky af, metamask ad phishing attack that saw me losing $30,000 usd in VA backpay, and never recovered it no matter how sorry I was, no matter how innocent i was… Noone helped me once I (emphasis on I) made the mistake of clicking on an ad, instead of the site itself.

On the other hand… Was this a coding mistake? A arbitrum mistake in delegation??? If so, my vote is definitely swayed… Help me choose my decision because the facts must be presented by the team with their collective findings being reported… Not gonna be an irrational voter. Why I chose to self delegate and not just give my voting power to someone else…Everyone already knows that you’re supposed DYOR too… I don’t think that people who get an airdrop, aka power to vote on the future of the dao and ecosystem, should be able to give their power away (without losing a portion of their tokens). Like… Less responsibility, less reward, make sense? It does to me and would have been a nice feature but I guess people could just sell anyway and the votes wouldn’t matter anyway, right? Regardless…

So I’m going to ask for clarification from the arbitrum team… Did people simply mess up and send to the wrong address after adding the contract address to find their tokens? (after claiming) or was the process of selecting a delegate, however fast and hurriedly presented, somehow flawed? I ask because people who had been too excited to collect their $, without having a shred of knowledge or dedication to arbitrum, based on their willingness to dispose of their voting power (trusting others to keep their word, when many dont) screwed themselves from dumping the token? And now want to get another chance ?? Giving their voting power to someone else due to their disinterest in having a personal impact on this ecosystem? I’m torn between two outcomes but I’m sure I don’t want to vote to forgive people for messing up when they should have known better…if that was the case… meaning…if it was a mistake from user??. Sorry and thanks for the funds that can be used to fund future projects or distributed back to active voters?.. Now on the other hand, if it was somehow arbs mistake?? let’s put a quick end to the debate and vote to give them their deserved money back?? … Time will tell what happened and the team should be able to figure this out. Until then my vote is neither yes or no… If no info is released I will follow the consensus on the ballot…my 2 cents…

So, when proposal is going to be up ?

2 Likes

It looks like the transaction prior to claiming the ARB tokens was an approval to spend them on DefiLlama.

Can you expand that and post a screenshot of the arb spending approval and that transaction hash? Maybe there is a common thread that those that were “hacked” had approved their spend for some reason.

Hello Mate. Please when will work starts on this proposal? We kindly need you and the foundation’s assistance as soon as possible. This fund in Token contract do NO good for Arbitrum. We acknowledged we made mistake and we sought to correction through this proposal, kindly assist push for the discussion and possible voting of this proposal. Thanks

Cc @TreasureDAO @olimpio @Arbitrum

4 Likes