Arbitrum DAO

The Arbitrum DAO (decentralized autonomous organization) is a new entity with decision-making authority over the Arbitrum One and Arbitrum Nova chains, along with their underlying protocols. This DAO is governed by The Constitution of the Arbitrum DAO, which is a set of rules that describe how the DAO will operate. The Constitution is enshrined within a number of social contracts that are used by the Arbitrum DAO to govern itself and its technologies.

Governance token launch:

Ownership of governance tokens represents membership within the DAO. Token holders can vote on DAO proposals. Arbitrum's governance token is $ARB, and will be distributed to eligible wallet addresses via an upcoming airdrop.

Code:

DAO governance is usually facilitated by a series of open source smart contracts that enforce a specific decision-making protocol. These trustless smart contracts are used to gradually replace a traditional board's trusted social contract. Arbitrum DAO uses smart contracts to codify the decision-making protocol articulated within The Constitution of the Arbitrum DAO.