Skip to content
Schrannenhalle

Schrannenhalle

Arbitrum Launches ARB Token with $300M: Vote on Ethereum Layer 2 Changes!

Posted on 17. March 2023 By admin

• The Arbitrum Foundation is launching a new token under the ticker ARB, with a $300 million distribution.
• ARB holders will be able to vote on changes to the Ethereum layer 2 network.
• The protocol is transitioning to a decentralized autonomous organization (DAO) and launching Orbit which allows developers to deploy permissionless layer 3 blockchains.

Arbitrum Launches New Token ARB

The Arbitrum Foundation has announced the launch of its new token under the ticker ARB, which will go live on March 23. With a $300 million ARB distribution, The ARB token will allow holders to vote on changes to the Ethereum layer 2 network.

Transition To A DAO Governance

Arbitrum, the layer 2 blockchain protocol designed to increase scalability on the Ethereum blockchain, is taking steps in its transition as a decentralized autonomous organization (DAO). This move allows the Arbitrum One and Arbitrum Nova to function independently of centralized actors, allowing its community to decide the next steps on the network’s roadmap for upcoming events. According to the announcement, the protocol’s DAO can authorize additional Layer 2 chains on Ethereum, regardless of whether the ARB token governs the chain. This mechanism will ensure that its community fully controls the network’s technology.

Launch Of Orbit

In addition, The Arbitrum Foundation has announced the launch of Orbit, which allows developers to deploy their permissionless layer 3 blockchains using protocol’s technology and Ethereum’s security.orbit is designed ti reinforce and grow networks ecosystem ,develop new protocol applications and launch new protocol chains .the arbitrium dao can issue even more permission-based licenses ti its users ensuring complete control over protocols future .

Distribution Of Tokens

Most tokens will be distributed ot over 12% of community members .the foundation and dao will be tasked with distributing additional tokens ti community over time .while user and dao airdrops wil lbe available in one week all investor and team tokens are subject tot 4 year lockups ,with first unlocks happening in one year and then monthly unlocks for remaining three years .

Conclusion

This transition towards decentralization allows for greater governance over decisions made regarding Arbitrums technology ,and ensures that users are able ti safely interact with teir respective applications without worrying about any centralised party tampering with their data or funds .

Allgemein

Post navigation

Previous post
Next post

Recent Posts

  • Crowd Millionaire Review: Is This Bitcoin Trading Platform a Scam?
  • Bitcoin Profit Way Erfahrungen: Funktioniert der Handelsroboter wirklich?
  • Corona Millionaire Review: Scam or Legit? Unveiling the Best Bitcoin Trading
  • Bitcoin Lucro Erfahrungen und Test – Bitcoins handeln mit Leichtigkeit
  • Bitcoin Dynamit Erfahrungen: Der beste Weg, um mit Bitcoins zu handeln und Gewinne zu

Recent Comments

    Archives

    • September 2023
    • August 2023
    • July 2023
    • June 2023
    • May 2023
    • April 2023
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • February 2022
    • October 2021
    • September 2021
    • August 2021
    • February 2021
    • January 2021
    • December 2020
    • November 2020
    • October 2020
    • September 2020
    • August 2020
    • July 2020
    • June 2020
    • May 2020
    • April 2020
    • March 2020
    • December 2019
    • October 2019
    • June 2019
    • May 2019
    • June 2018

    Categories

    • Allgemein
    • Bitcoin
    • Casino
    • Crypto
    • Dateityp
    • Ethereum
    • Exel-Tipps
    • Methoden
    • nagradza
    • Rekordhöhe
    • Singapur
    • TV
    • Windows 7
    • Word-Tipps

    Meta

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    ©2023 Schrannenhalle | WordPress Theme by SuperbThemes