Arbitrum DAO Allocates 225M ARB Tokens for Gaming Program
Arbitrum DAO allocated 225 million ARB tokens (worth $120.3 million) to its Gaming Catalyst Program to boost adoption among developers and players. Arbitrum DAO has allocated 225 billion ARB tokens to the Gaming Catalyst Program (GCP) in order to enhance the adaptability of game developers and participants. Nevertheless, community members have expressed apprehensions regarding the […]
Arbitrum DAO Approves ARB Staking Proposal
The Arbitrum DAO has supported implementing ARB token staking to improve security and governance, with 91.5% of votes. Token staking is being implemented with the cooperation of the Arbitrum DAO to improve governance and strengthen the protocol’s security. More than 91% of voters supported the temperature check idea by Frisson, Tally’s head of marketing, while […]
Arbitrum DAO withdraws Proposal to Fund Tornado Cash Developers’ Legal Defense
Arbitrum DAO has retracted a proposal to donate up to $1.28 million in crypto to support the legal defense of Tornado Cash developers facing criminal charges. The proposal was removed due to legal concerns, but alternative options are being explored. Arbitrum DAO, a decentralized organization that manages the development and governance of the Arbitrum blockchain, […]
Arbitrum DAO Takes Back $56M Unclaimed ARB Airdrop Tokens
Arbitrum, a significant layer-2 scaling solution for the Ethereum blockchain, has officially added the unclaimed tokens from its airdrop to its treasury, accounting for 0.69% of ARB’s total supply of 10 billion. On September 24, the Arbitrum Foundation transferred 69.4 million unclaimed Arbitrum (ARB) tokens to its decentralized autonomous organization (DAO), the Arbitrum DAO, the […]