Arbitrum DAO Locks $770 Million In ARB Tokens Into Vesting Contract: Implications For ARB

Arbitrum DAO recently took a step toward addressing an obstacle. The DAO has committed to locking 700 million ARB tokens, valued at an estimated $770 million, into a vesting contract to foster transparent governance and accountability, per a community proposal. 
The approval for this commitment came from an improvement proposal introduced during a contentious period within the Arbitrum ecosystem. The specifics of this commitment involve gradually releasing these funds to the Arbitrum Founda