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Why Ethereum L2 Arbitrum just saw a DAO voting shakeup

Lobby Finance now holds the majority of voting power in the Arbitrum DAO with 20.65 million ARB tokens, accounting for 9.8% and 10.67% of the last two votes respectively. This was achieved through a single transaction, demonstrating substantial influence.

In the Arbitrum DAO, users can delegate their votes, making governance more accessible. Lobby Finance not only serves as a delegate but also facilitates vote buying, giving users instant or auction-based options to influence proposals.

This is community-generated content, not advice from ONUS.
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