Arbitrum

The Arbitrum Foundation has revealed that they’ve transferred $57 million worth of unclaimed ARB tokens, which amounts to 69 million tokens, to the Arbitrum DAO treasury.This decision differs from what Ethereum Layer 2 competitor Optimism did, as Optimism directly distributed unclaimed funds from its initial airdrop to eligible users.The Arbitrum Foundation has made an announcement stating that the remaining 69 million ARB tokens, <a href="https://cryptosheadlines.com/ark-invest-buys-8-million-worth-of-coinbase-shares-on-international-workers-day/" rel="noopener noreferrer nofollow">worth $57 million</a>, from the unclaimed airdrop, have been transferred to the Arbitrum DAO treasury.This decision came after the community voted nearly unanimously to move these unclaimed tokens directly to the treasury, rather than placing them in a time-locked <a href="https://cryptosheadlines.com/european-blockchain-sector-fights-against-rules-impacting-smart-contracts/" rel="noopener noreferrer nofollow">smart contract</a>. Time-locked contracts <a href="https://cryptosheadlines.com/arbitrum-dao-treasury-grows-by-57-million-from-unclaimed-airdrop-tokens/" rel="noopener noreferrer nofollow">Read More...</a>

Arbitrum DAO Treasury Grows by $57 Million from Unclaimed Airdrop Tokens

CryptosHeadlines.com

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