Arbitrum Governance Plummets Alongside Price Drop: Is Decentralised Decision-Making Failing?

The DeFi space thrives on active community participation, particularly in governance decisions for blockchain protocols like Arbitrum. However, recent reports indicate a concerning trend: the Arbitrum governance system is experiencing significant voter apathy, coinciding with a substantial drop in ARB token price. This decline in voting activity could have far-reaching consequences for the future of the network.