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.
6 answers
Lorenzo
Sun Nov 10 2024
This on-chain governance system allows for decentralized decision-making.
Lucia
Sun Nov 10 2024
The $ARB token holds a unique position as an ERC-20 governance token.
KatieAnderson
Sun Nov 10 2024
It grants its holders the privilege to engage in the Arbitrum DAO's governance protocol.
Gianluca
Sat Nov 09 2024
The minting of the $ARB token is facilitated by a sophisticated smart contract.
ZenHarmony
Sat Nov 09 2024
This contract resides on
Arbitrum One, a Layer 2 rollup chain within the Arbitrum ecosystem.