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Offchain Labs (Arbitrum)
ARB
Arbitrum is a layer-2 solution project aimed at improving the speed and scalability of Ethereum smart contracts while providing additional privacy features. It allows developers to execute unmodified Ethereum Virtual Machine (EVM) contracts and transactions at layer-2 while maintaining Ethereum’s layer-1 security. It was created to address some of the shortcomings of current Ethereum-based smart contracts, such as long transactions and high execution costs.
Token allocation
Raised
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Offchain Labs (Arbitrum)
ARB
Arbitrum is a layer-2 solution project aimed at improving the speed and scalability of Ethereum smart contracts while providing additional privacy features. It allows developers to execute unmodified Ethereum Virtual Machine (EVM) contracts and transactions at layer-2 while maintaining Ethereum’s layer-1 security. It was created to address some of the shortcomings of current Ethereum-based smart contracts, such as long transactions and high execution costs.
events:
23 Mar 2023
Arbitrum will release its token ARB on March 23. Layer 2 project will airdrop 11.5% of the supply to users who meet certain criteria. Recipients will be able to check their balances from today and will be able to claim the tokens next week. Of the total supply of 10B ARB tokens, 56% will go to a DAO-controlled foundation.
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