1H
-0.43%$0.0004
24H
-10.8%$0.0120
7D
-10.5%$0.0116
30D
-47.0%$0.0879
By design and purpose, STEP was conceived to invest 1% of the Arbitrum DAO treasury into tokenized RWAs.
As a triangle pattern traps Arbitrum, sellers pressurize $0.66 support. Will bulls sustain dominance to turn the tables?
The launch of EDU Chain will have a long-lasting impact on the native token, which gained over 11% in the past 24 hours to trade about 60 cents on Friday, January, 17.
Animecoin is set to launch its ANIME token with a focus on community distribution.
“BoLD will eventually replace the current, permissioned fraud proof mechanism that powers Arbitrum chains today,” said Arbitrum.
Arbitrum is an Ethereum layer-two (L2) scaling solution. It uses optimistic rollups to achieve its goal of improving speed, scalability and cost-efficiency on Ethereum. Arbitrum benefits from the security and compatibility of Ethereum. Another benefit is the higher throughput and lower fees compared to Ethereum. That is made possible thanks to moving most of the computation and storage load off-chain.
Arbitrum’s native token is called ARB and is used for governance. Offchain Labs, the developers behind Arbitrum, announced the shift to a decentralized autonomous organization (DAO) structure – the Arbitrum DAO. ARB holders can vote on proposals that affect the features, protocol upgrades, funds allocation and election of a Security Council.
Arbitrum has an ambitious roadmap for 2023, which includes: Launching its own layer-three solution called Orbit; Enabling developers to deploy programs written in popular programming languages like Rust, C++, and more using Stylus; Expanding its validator set to include more independent institutional validators; Moving its protocol to layer two with Arbitrum One.
On March 16, 2023, Arbitrum announced their highly anticipated airdrop of ARB. The token will be airdropped to early users and DAOs building on Arbitrum, with 12.75% of the total supply to be distributed. Recipients were rewarded on a point-based system depending on their interaction with the Arbitrum network until a cutoff date of March 1, 2023. The token generation event is on March 23, 2023.
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