Based on the current eth price, which is 40% off the historical peak, the reasonable market value of arb should be between 5 billion and 40 billion, and the corresponding price is 0.5~4U. The closer to the lower limit, the greater the opportunity, and the closer to the upper limit, the higher the risk.
#arb is now a governance token and cannot be used as gas. The price of the last two private placements is 0.12u.
The total amount is 10 billion, with an annual inflation of 2%. The initial circulation is nominally 5.5 billion, and the actual 4.2 billion is in the treasury. Real circulation requires governance voting.