Over 472,845 Claim Nearly 892 Million Arbitrum (ARB) Tokens

Name	Symbol	Market	Market Cap ($)	Algorithm
Arweave	ARUSD	Crypto	2,272,569,322	SHA2-384

Name

Symbol

Market

Market Cap ($)

Algorithm

Arweave

ARUSD

Crypto

2,272,569,322

SHA2-384

	Price Change	Price Change %	Current Price	Bid Price	Offer
	1.69	5.12%	34.72	34.69	34.80

Price Change

Price Change %

Current Price

Bid Price

Offer

1.69

5.12%

34.72

34.69

34.80

High Price	Low Price	Open Price	Prev. Close	52 Week Range
34.84	34.72	34.84	33.03	4.10 - 42.23

High Price

Low Price

Open Price

Prev. Close

52 Week Range

34.84

34.72

34.84

33.03

4.10 - 42.23

Exchange	Last Trade	Size	Trade Price	Currency
CRTO	12:21:36	0.010000	34.72	USD

Exchange

Last Trade

Size

Trade Price

Currency

CRTO

12:21:36

0.010000

34.72

USD

Price x Volume	Volume	Base Symbol	Related Pairs
1.04	0.030000	AR	AREUR	ARGBP	ARBTC

Price x Volume

Volume

Base Symbol

Related Pairs

1.04

0.030000

AREUR

ARGBP

ARBTC

Over 472,845 Claim Nearly 892 Million Arbitrum (ARB) Tokens

24/03/2023 10:20am

NEWSBTC

Dune Analytics data on March 24 reveals that 472,845 ARB claimers have received roughly 892 million tokens since the airdrop began. The ARB Airdrop As of March 24, there were precisely 891,924,000 ARB tokens claimed, translating to a 76.75% claim rate. Parallel data from Arbiscan shows that there is 10 billion ARB as the total supply, with 291,552 holders as of March 24. With this claim rate, only 273,037,185 ARB remains to be claimed at the time writing. The balance should decrease over time as more people claim their tokens as eligible users began claiming their ARB on March 23. The Arbitrum Airdrop snapshot was done in late February 2023. Related Reading: Arbitrum (ARB) Airdrop Is Around The Corner, How To Trade It Distribution started on March 23 at a block height of 16,890,400 on Ethereum. While Ethereum triggers claiming dates, all claims will be on Arbitrum. Arbitrum says claiming will end on September 23, 2023. Users who qualify for the ARB airdrop would have completed tasks such as bridging funds to Arbitrum or conducting transactions before the snapshot date. The ARB token is based on the ERC-20 standard and is fungible. This means recipients can move their tokens to supported exchanges, including DEXes, liquidating them for cash or other liquid tokens. As it stands on March 24, traders have been moving their tokens to exchanges and trading them, sometimes booking decent profits. Are there whales buying $ARB? 1.🧵Share the top 5 buyers of $ARB with you. A whale bought 4.94M $ARB with 3,700 $ETH ($6.79M)! pic.twitter.com/lSdVzenlxp — Lookonchain (@lookonchain) March 24, 2023 Arbitrum Is Decentralizing Governance ARB is the governance token of Arbitrum, a general-purpose layer-2 portal scaling Ethereum. It supports projects to deploy dapps using smart contracts. According to the Arbitrum documentation, developers can choose Arbitrum One or Nova to deploy various solutions. At the core, these platforms, specifically Arbitrum One, launched earlier, rely on Rollup. Meanwhile, Nova depends on the AnyTrust protocols for scalability. ARB Price On March 24 | Source: ARBUSDT On Binance, TradingView By releasing ARB, the platform aims to decentralize governance so that holders can have a say on the development trajectory of the project in the days ahead. Holders of ARB will be free to vote on governance proposals forwarded by various developers to their DAO. There is also a security council, comprising 12 entities selected by the DAO, tasked with ensuring the platform is safe. Related Reading: Reddit Deprecates The MOON Bridge To Arbitrum Nova, Users To Lose 4.77 Million Tokens Besides directly voting for proposals, holders can delegate their ARB tokens to other delegates. In this way, the platform aims to give token holders a voice, aligning with the principles anchoring blockchain, mainly decentralization. An extract reads: Decentralization of Arbitrum’s technology governance represents an important step towards community governance of Ethereum’s scaling technologies and further aligns the Arbitrum community’s incentives with those of the Ethereum community at large. Feature Image From Canva, Chart From TradingView

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ARUSD Arweave