Ignas(@DefiIgnas):Arbitrum will ban 3 projects from future DAO programs for misusing grants. - @goodentrylabs sent ~143k ARB to ineligible users, with suspected team self-farming too - @limitlessdefi sold 75k ARB for USDC and bridged it to... Base! - @APX_Finance had ~240k ARB flagged across unreturned funds, late distributions and suspected self-farming. Funny, that APX actually 'merged with Aster DEX', basically leaving to BNB. Grants are tough businesses: DAOs don't give funds -> builders might go elsewhere. Give funds -> risk of being extracted.

Ignas

@DefiIgnas

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Ignas@DefiIgnas

2026.09.09 14:13

Arbitrum will ban 3 projects from future DAO programs for misusing grants. - @goodentrylabs sent ~143k ARB to ineligible users, with suspected team self-farming too - @limitlessdefi sold 75k ARB for USDC and bridged it to... Base! - @APX_Finance had ~240k ARB flagged across unreturned funds, late distributions and suspected self-farming. Funny, that APX actually 'merged with Aster DEX', basically leaving to BNB. Grants are tough businesses: DAOs don't give funds -> builders might go elsewhere. Give funds -> risk of being extracted.