Arbitrum aims to empower its community through governance token launch
Arbitrum, a leading Layer-2 scaling solution for Ethereum has announced the launch and airdrop of its native token, ARB. It’s official — there’s a new Layer-2 token on the block. Arbitrum, a leading contender in the field of Layer-2 scaling solutions for Ethereum (ETH) has recently unveiled the launch and airdrop of its native governance token, ARB. Since its launch in 2021, the network has become one of the largest projects without a token, fueling excitement and anticipation for its impending launch. ARB to drive Arbitrum governance Arbitrum is an Optimistic Rollup solution that shifts network operations away from the Ethereum mainnet while still maintaining Ethereum-level security. It runs on its own Blockchain and allows developers to deploy smart contracts that can process a higher number of transactions per second, thus lowering overall fees. According to the latest data from L2 Beat, Arbitrum currently dominates the L2 wars, holding 55% of the market share in terms of total val...