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The Aragon Association has canceled the voting rights plan for the allocation of $200 million in treasury to ANT token holders

2023-05-10 09:05:53

ChainCatcher news, the Swiss entity of the DAO solution provider Aragon, the Aragon Association, has canceled the voting rights plan for ANT token holders regarding the management of a $200 million treasury. It stated that the cancellation of the plan is to ensure the safety of the ANT price in response to a "51% attack" initiated by investors, including Arca.

The Aragon Association will repurpose the Aragon DAO as part of a new grant program to fulfill its fiduciary responsibilities. (CoinDesk)

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