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Arbitrum is a Layer 2 for Ethereum scaling solution, using optimistic Rollups technology in order to reduce costs and accelerate transactions while maintaining the safety of the main network. Developed by Offchain Labs, Arbitrum allows developers to deploy smart contracts compatible with Ethereum at a lower cost, thus attracting many DEFI and NFT projects. Its native token, ARB, is used for network governance, allowing holders to vote on improvement proposals and the evolution of the ecosystem. The Token ARB is the native cryptocurrency of the Arbitrum network, a Layer 2 for Ethereum scaling solution. On March 23, 2023, an Airdrop distributed ARB tokens to eligible users, with allowances varying between 625 and 10,250 tokens according to the criteria met. Arbitrum DAO in March 2024, approximately 1.2 billion additional ARB tokens were released, marking the start of a period of four years of progressive unlocking. Coindesk These releases were planned to gradually release the tokens allocated to the various stakeholders, in accordance with the initial distribution policy. The Tokens ARB is mainly used for the governance of the Arbitrum network, allowing holders to vote on improvement proposals and key decisions concerning the ecosystem. Bitbuy.ca This decentralized governance structure aims to ensure a coherent and community development of the network. It is important to note that the data mentioned reflect the state of information until March 2024. To obtain more recent information on the distribution and use of Tokens ARB, it is recommended to consult official sources or up -to -date specialized platforms. Key support: Arb currently tests the area of 0.3758 - 0.3027 USDT, which corresponds to a major low level. FIBONACCI resistances: 0.382 (USDT 1,131) 0.5 (USDT 1.364) 0.618 (USDT 1,6145) 0.786 (USDT 1,9710) Potential bullish targets: if ARB rebounds, the next objectives are around 2.42 USDT (1 FIB) and 3.73 USDT (1.618 FIB).
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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