Cryptocurrency Q&A
Who controls arbitrum tokens?
Who controls arbitrum tokens?
CryptoTitan
Sun Oct 06 2024
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5 answers
1171
Who exactly holds the authority and responsibility for the governance and management of Arbitrum tokens? Are they under the direct control of a central entity, a decentralized community, or a combination of both? How are decisions made regarding the issuance, distribution, and potential future developments of these tokens? And what measures are in place to ensure fairness, transparency, and accountability in this process?
5 answers
DigitalDuke
Tue Oct 08 2024
Additionally, DAOs operating within the Arbitrum ecosystem will receive 1.1% of the total token supply, further fostering collaboration and innovation among decentralized autonomous organizations.
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ShintoBlessing
Tue Oct 08 2024
The remaining community tokens will be deposited into a treasury under the control of the new Arbitrum DAO. This structure ensures that ARB holders have a direct say in how funds are allocated and disbursed, fostering a sense of ownership and accountability within the community.
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Daniele
Tue Oct 08 2024
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Enrico
Tue Oct 08 2024
The Arbitrum community holds significant sway over the distribution of its tokens, with a controlling stake of 56% in the total supply. This allocation underscores the importance placed on community involvement and engagement within the Arbitrum ecosystem.
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Martina
Tue Oct 08 2024
An airdrop is set to reward eligible Arbitrum users with 11.5% of the total token supply, a substantial gift that recognizes their contributions and commitment to the platform.
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