Arbitrum to Airdrop New Token and Transition to DAO

The Arbitrum Foundation said on Thursday that ARB, Arbritrum’s new token, will be airdropped to community members on Thursday, March 23.

Although the Arbitrum Foundation plans to grant a relatively high number of tokens to investors and core contributors , Arbitrum’s creator – Offchain Labs – boasts that the ARB token will make the Arbitrum ecosystem more decentralized than alternative scaling chains. ARB’s total circulation will number 10 billion. The Arbitrum community will control 56% of those tokens – the airdrop will grant 11.5% of the total supply to eligible Arbitrum users, and 1.1% to DAOs that operate in the Arbitrum ecosystem. The remaining community tokens will go to a treasury controlled by the new Arbitrum DAO, which will allow ARB holders to vote on how to disburse the funds.

Code changes will be subject to a time delay , but a 12-person security council governed by the Arbitrum DAO will have the ability to make quicker bug fixes.

arbitrum ethereum Not for Early users. For multies, in fact I'm eligible, i don't care it

arbitrum ethereum What’s the launch price ?

arbitrum ethereum

arbitrum ethereum what do u have to do to get the Airdrop?

antiprosynth arbitrum ethereum Why does it need a token? 😂

arbitrum ethereum $ARB 🚀💙🧡

arbitrum ethereum ++ Shivfreespirit CryptoHindiO CryptoTeluguO CryptooAdy gameofbitcoin defi_airdrops earndrop_io for better reach ! arbitrum Airdrop L2

arbitrum ethereum one last grift before Gensler comes knocking! Bitcoin NOT 'crypto' folks.

arbitrum ethereum Any user with three or more points is eligible for the airdrop.

arbitrum ethereum Developed a point system with a variety of metrics of network usage, but also deducted points from users who engaged in sybil-linked usage patterns. Points awarded for usage on Arbitrum One and Arbitrum Nova and early users of Arbitrum One (before Nitro) were given more points

arbitrum ethereum The Arbitrum token is majority community owned (~56%). Of that community allocation, 12.75% will be distributed in the Arbitrum Airdrop next Thursday, March 23, based upon data taken on a snapshot on February 6, 2023.

arbitrum ethereum I can't wait 🥰

arbitrum ethereum Who is getting this airdrop? 🤑🤑🤑

skesslr

skesslr BackwoodMessiah 👀

skesslr what is eligible user? what is the criteria?

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