Cryptocurrency Q&A Will arbitrum have a token?

Will arbitrum have a token?

CryptoWanderer CryptoWanderer Fri Nov 08 2024 | 6 answers 1233
I'm wondering if Arbitrum, this Ethereum scaling solution, will have its own token. I've heard about it being a layer-2 network and I'm curious if there are plans for a native token within its ecosystem. Will arbitrum have a token?

6 answers

Lorenzo Lorenzo Sun Nov 10 2024
This on-chain governance system allows for decentralized decision-making.

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Lucia Lucia Sun Nov 10 2024
The $ARB token holds a unique position as an ERC-20 governance token.

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KatieAnderson KatieAnderson Sun Nov 10 2024
It grants its holders the privilege to engage in the Arbitrum DAO's governance protocol.

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Gianluca Gianluca Sat Nov 09 2024
The minting of the $ARB token is facilitated by a sophisticated smart contract.

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ZenHarmony ZenHarmony Sat Nov 09 2024
This contract resides on Arbitrum One, a Layer 2 rollup chain within the Arbitrum ecosystem.

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