It’s actually harsher than it looks like: “followed by the requirement that subsequent arXiv submissions must first be accepted at a reputable peer-reviewed venue.”
This means that, for all intents and purposes, if you get caught by this policy, you’re permanently banned from submitting preprints to arXiv, even if those are the main appeal of the repository.
Weak ass penalty
It’s actually harsher than it looks like: “followed by the requirement that subsequent arXiv submissions must first be accepted at a reputable peer-reviewed venue.”
This means that, for all intents and purposes, if you get caught by this policy, you’re permanently banned from submitting preprints to arXiv, even if those are the main appeal of the repository.