Quick update:
Following the successful Snapshot vote (with more than 3% of the votable supply participating), and with the option to reduce the voting power delegated to Event Horizon to 100,000 ARB being the most voted option, the MSS has initiated a transaction to return 6,900,000 ARB back to the DAO’s treasury.
We’re voting in favor of reducing the delegation to 100K ARB.
While the original goal of empowering underrepresented contributors through the Voter Enfranchisement Pool was admirable, Event Horizon has since shifted its approach toward an AI-driven agentic governance model—one that was not officially endorsed by the DAO. This pivot, while possibly well-intentioned, diverges from the spirit of the original delegation and merits closer scrutiny.
Given the substantial 7 million ARB voting power currently held, we believe such influence should come with clear alignment and accountability. As ITU Blockchain, we find it reasonable to reassess whether Event Horizon has delivered on the commitments made in their prior proposal before further extending or maintaining their influence.
Reducing the delegation to 100K ARB is, in our view, a balanced path forward. It acknowledges the need for ongoing experimentation while ensuring that governance power remains proportionate, transparent, and reflective of the broader DAO’s direction. For these reasons, we support this adjustment.