Arbitrum Distributes Tokens to DAOs - Coinleaks
Current Date:November 7, 2024

Arbitrum Distributes Tokens to DAOs

Arbitrum ( ARB), located in the ecosystem and in suitable condition To distribute tokens to DAOsstarted.

Known as Ethereum’s layer-2 network Arbitrum Since its release, it continues to increase its popularity. Arbitrum, which draws attention with its airdrop and the ecosystem it has created, DAO takes place on the agenda with the developments on the side. oft-discussed about DAO voting Arbitrumstarted to distribute tokens to DAOs in its ecosystem that meet the conditions.

Arbitrum Opens the Door to DAOs

In the token offering presentation, Arbitrum ( ARB), the total supply 1.13 percent ofannounced that it would allocate it to qualified DAOs in its ecosystem.

In the statement made by Arbitrum, the planned allocation has begun and to DAOs It was stated that tokens will be sent. Arbitrum Foundation, this token distribution process, DAOHe stated that it was not made from his treasury or company wallet.

The team previously 113 million ARBs had reserved the equivalent of its token for DAOs. The allocation for DAOs will differ from previous airdrops. In addition, the team also stated that DAOs that confirm that they have received transactions via Twitter will be prioritized. According to on-chain data, Arbitrum, Close to 125 DAOsmade its first distribution.