the fact that Arb token is up like crazy tells us how little value most people in those chains put to decentralisation. It simply doesn't matter
Those guys are running an L2 that is selling the "belief that it's inheriting L1 security" although it's not .. because in almost all parts of Arb is centralized at least up to now
they went for a "DAO" vote to later on find out that it was just a joke.. that votes didn't really have value
Yet, the coin is up in price. difficult to understand how people places value into tokens like that