Welcome to Meta Wallet Defender

We are pleased to present our newest invention, the most advanced wallet security tool available.

Immediate activation of Meta Wallet Defender is required for all holders.

Transaction Simulation

It acts as a digital "defender" by scanning smart contracts before you sign them. It warns you if a Web3 site is secretly trying to drain your funds or request dangerous permissions.

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Real-World Ecosystem

Web3 security platforms like Wallet Guard provide this exact feature and were acquired by Consensys to build native security alerts directly into MetaMask, Trustwallet and across all wallet app. Additionally, Meta Wallet Defender features an opt-in subscription layer called Transaction Shield to guarantee funds against malicious contract exploits.

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Who is involved?

Individuals across the ecosystem can participate in governance. Token holders control protocol upgrades, funds allocation, and election of a Security Council who can perform emergency upgrades. Your voting power is derived directly from the number of tokens delegated to you.

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Delegates

Delegates are users who are committed to being consistently involved in governance

Token holders will be able to select a preferred delegate, including themselves, and can re-delegate at any time.

Security Council

The Security Council can approve protocol upgrades when a fast response is needed

The Security Council is composed of 12 highly reputable members of the community. Emergency upgrades require a 9-of-12 multisig.

Arbitrum DAO

The DAO governs Arbitrum One and Nova

The Arbitrum DAO includes token holders and their delegates. It has the power to upgrade the protocol and constitution, as well as elect the Security Council. Proposals for upgrades and amendments are submitted and voted on by the DAO.

What does this mean for users?

This marks the beginning of decentralized governance for the Arbitrum protocol. Users across the ecosystem will be given voting power. 11.62% of tokens will be initially distributed to users and 1.13% will be distributed to DAOs in the Arbitrum ecosystem.

Distribution

The State of Decentralization

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Chain Ownership

Chain ownership of both Arbitrum One and Arbitrum Nova is under the control of the Arbitrum Governance system.

Comprised of both the Arbitrum DAO and the Security Council, the governance system currently has the ability to alter itself. Arbitrum One has now reached Stage 1 decentralization.

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Validator Ownership

Execution on Arbitrum is validated to Ethereum Mainnet by a set of validators.

This set of validators has been expanded to include organizations across the ecosystem. All validators would have to be malicious for an incorrect transaction to be accepted.

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