Arbitrum Community Approves Distribution of $23.4 Million in Tokens for Additional Grant Projects
The Arbitrum community has approved the distribution of 21.1 million ARB tokens worth $23.4 million to 26 additional projects. The proposal was voted on between Nov. 18 and Dec. 2 and will fund a total of 56 projects to support new builders. The decision was not without controversy, as some members argued that a full second round would have been a fairer way to include additional protocols in the incentives program. Arbitrum is a layer-2 networking designed to scale transactions on the Ethereum blockchain, generating revenue through transaction fees.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Will List EGL1 (EGL1). Come and grab a share of 850,000 EGL1
Notice: Maintenance for VND deposit service
TAUSDT now launched for futures trading and trading bots
Bitget to decouple loan interest rates from futures funding rates for select coins in spot margin trading
Trending news
MoreCrypto prices
More








