Cryptocurrency Q&A What is the native coin for arbitrum?

What is the native coin for arbitrum?

Federico Federico Sun Oct 27 2024 | 5 answers 1356
The native coin for Arbitrum is called ARB. It serves as the governance and incentive token within the Arbitrum network, allowing holders to participate in the network's validation and earn rewards, as well as engage in the decision-making process for the chain's future development through the Arbitrum DAO. What is the native coin for arbitrum?

5 answers

GwanghwamunGuardianAngel GwanghwamunGuardianAngel Tue Oct 29 2024
ARB serves as the fundamental ERC-20 governance token within the Arbitrum blockchain ecosystem.

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mia_rose_lawyer mia_rose_lawyer Tue Oct 29 2024
This digital asset plays a crucial role in the governance structure of Arbitrum.

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CryptoLord CryptoLord Tue Oct 29 2024
Arbitrum is specifically engineered to address the scalability challenges faced by the Ethereum network.

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Tommaso Tommaso Mon Oct 28 2024
By leveraging advanced technology, Arbitrum aims to improve the efficiency and capacity of Ethereum.

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CryptoWizardry CryptoWizardry Mon Oct 28 2024
BTCC, a prominent cryptocurrency exchange, offers a comprehensive range of services. These include spot trading, futures trading, and secure wallet solutions.

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