ARBITRUM DAO MULLS WINDING DOWN UNSUSTAINABLE WEB3 GAMING FUND

Arbitrum DAO mulls winding down unsustainable Web3 gaming fund. Arbitrum decentralized exchange IAO cancelation draws controversy. Arbitrum sees steady growth as airdrop speculation leads to increased earnings. Arbitrum transaction activity rockets 550% since August: Delphi Digital. arbitrum nitro. Arbitrum DAO boosts ARB utility with staking and governance upgrades. Arbitrum FUD spooks the market, but on-chain data shows whales accumulating ARB. Arbitrum-based Rodeo Finance exploited for second time, $1.5M stolen. Arbitrums Chronos reaches $217M TVL with staking, becomes 8th largest DEX. which have since proven unsustainable. He stressed the need to wind down the program and recover as much capital as possible to protect the DAO s funds and restore investor confidence in the DAO s ability to allocate resources effectively., citing a lack of progress and transparency. /p On March 24, to foster the growth of Web3 gaming within the Arbitrum ecosystem. The program allocated 225 million ARB tokens, launched in March 2025. Arbitrum DAO mulls winding down unsustainable Web3 gaming fund Ecosystem, The GCP was announced on Ma, Van der Heyden explained that the GCP was approved based on overly optimistic projections, DAO member Nathan van der Heyden submitted a proposal calling for the recovery of unused funds allocated to the Arbitrum Gaming Catalyst Program (GCP). The, as a way to fuel the growth of Web3 gaming within the Arbitrum ecosystem. It allocated about 225 Arbitrum (ARB) tokens worth roughly 468 million. The funds went to investing in promising studios and games for network development and establishing Arbitrum as a leader for onchain gaming., leading to a drop in ARB, Members of Arbitrum s decentralized autonomous organization (DAO) are discussing a potential clawback of funds allocated to build a gaming ecosystem on the network, the program s launch coincided with a 2.2 billion token unlock, intended to fund gaming studios and solidify Arbitrum s position in blockchain gaming. However, p Members of Arbitrum 8217;s decentralized autonomous organization (DAO) are discussing a potential clawback of funds allocated to build a gaming ecosystem on the network, A DAO member has proposed to claw back unused funds from Arbitrum s Gaming Catalyst Program, citing a lack of progress and, Van der Heyden stated that the program was approved when projections were exceptionally optimistic but has proved unsustainable. He urged the DAO to wind down GCP activities and secure all possible funds to protect the organization's resources and restore investor confidence. Community sentiment appears mixed on the proposal., The GCP was introduced on Ma..