On May 16, Arbitrum will unlock 92,650,000 ARB tokens, which is approximately 2.01% of the total circulating supply of tokens.
Information about ARB
Arbitrum is a layer 2 scaling solution designed for the Ethereum network. Its goal is to improve Ethereum’s scalability while maintaining its decentralization and security.
Arbitrum works by aggregating multiple off-chain transactions and then sending a single combined proof of all these transactions to the Ethereum base layer. This significantly reduces the computational load and storage requirements that the Ethereum network must handle, allowing it to support a much higher transaction throughput.
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2.01% of ARB coins will be unlocked on May 16.
On May 16, Arbitrum will unlock 92,650,000 ARB tokens, which is approximately 2.01% of the total circulating supply of tokens.
Information about ARB
Arbitrum is a layer 2 scaling solution designed for the Ethereum network. Its goal is to improve Ethereum’s scalability while maintaining its decentralization and security.
Arbitrum works by aggregating multiple off-chain transactions and then sending a single combined proof of all these transactions to the Ethereum base layer. This significantly reduces the computational load and storage requirements that the Ethereum network must handle, allowing it to support a much higher transaction throughput.