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Ethereum World News
2023-04-25 11:43:25

L2 Arbitrum Shares ARB Tokens To DAOs Within Its Ecosystem

L2 Arbitrum Shares ARB Tokens To DAOs Within Its Ecosystem

Summary: Ethereum’s leading Layer 2 scaling network Arbitrum started distributing its ARB governance token to DAOs in its ecosystem. Trading venues GMX, Uniswap, and Sushiswap are among several eligible decentralized autonomous organizations or DAOs within Arbitrum’s ecosystem. The project allocated 1.13% of its 10 billion supply towards these DAOs after announcing its governance airdrop in March. Ethereum’s leading Layer 2 scaling network Arbitrum started distributing its ARB governance token to DAOs in its ecosystem weeks after it airdropped free coins

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