According to a proposal released on the Arbitrum community forum, it is suggested to transfer 220 million ARB tokens from the Game Catalyst Program (GCP) multi-signature wallet to the Arbitrum DAO treasury, keeping only 3.65 million ARB for the continued operation of the GCP. The proposal points out that the GCP has failed to fulfill its oversight responsibilities, and the 3/5 multi-signature wallet controlling $120 million in funds poses security risks. The operational progress of the GCP has been slow, failing to meet transparency and oversight commitments, which has raised concerns within the community.

 HMX

According to a proposal posted on the Arbitrum community forum, community members suggest transferring 220 million ARB from the Game Catalyst Program (GCP) multi-signature wallet to the Arbitrum DAO treasury, retaining only 3.65 million ARB for the continued operation of GCP until further funding is requested from governance. The proposal points out that GCP has failed to fulfill its oversight responsibilities, and the 3/5 multi-signature wallet controlling $120 million in funds poses security risks. Currently, GCP's operational progress is slow, and it has not met its established transparency and oversight commitments, further increasing community concerns.

The Arbitrum community's new proposal suggests transferring 220 million ARB from the "Game Catalyst Program" multi-signature wallet to the Arbitrum DAO treasury.