ARBITRUM
7.7M views
3,272 Posts
Hot
Latest
đ° #ARBITRUM is No. 4 Undervalued Coin
Accumulating below 1.6$ đ§
Everything in this range is for buying imođ
Accumulating below 1.6$ đ§
Everything in this range is for buying imođ
The price of ARB has declined by 8% over the past 24 h as debate and criticism rage on social media
The Arbitrum Foundation has clarified that Arbitrum Improvement Proposal (AIP-1) is merely a âratification,â and that it has already sold governance tokens for fiat â causing many to question the Ethereum Layer 2âs supposedly decentralized governance structure.
Questions are being asked on a Sunday regarding Arbitrum's governance after its centralized, self-titled foundation sold ARB tokens before the conclusion of a key governance vote, rendering the democratic process essentially moot.
The "special grants" program sees the Arbitrum Foundation receiving 750 million ARB governance tokens â worth nearly $1 billion â to spend without the expressed approval of token holders.
Rebranding the keystone Arbitrum Improvement Proposal's vote as a "ratification," the Arbitrum Foundation nonetheless claims "decentralized governance is working as intended" via both the official Arbitrum Twitter account and a lengthy governance forum post.
It also claimed it did not sell 50 million governance tokens but rather allocated 40 million "as a loan to a sophisticated actor in the financial markets space" and converted 10 million to fiat for "operational costs." Prominent market maker Wintermute confirmed it is the former via retweet.
Free governance responsibilities (kind of)
The debacle follows the high-profile airdrop of Arbitrum governance tokens to users of the Ethereum Layer 2 scaling solution last week, which saw more than one billion ARB tokens allocated to nearly 300,000 wallets â creating a so-called decentralized autonomous organization, ArbitrumDAO.
Token holders and the wider crypto community have taken to Twitter to voice concerns (and jokes) over the apparent lack of decentralized autonomy. A wider theme is that some aren't buying the Arbitrum Foundation's lengthy argument, claiming it's merely a lot of words to say, "we sold."
#Binance #crypto2023 #BTC #BNB #ARBITRUM
Questions are being asked on a Sunday regarding Arbitrum's governance after its centralized, self-titled foundation sold ARB tokens before the conclusion of a key governance vote, rendering the democratic process essentially moot.
The "special grants" program sees the Arbitrum Foundation receiving 750 million ARB governance tokens â worth nearly $1 billion â to spend without the expressed approval of token holders.
Rebranding the keystone Arbitrum Improvement Proposal's vote as a "ratification," the Arbitrum Foundation nonetheless claims "decentralized governance is working as intended" via both the official Arbitrum Twitter account and a lengthy governance forum post.
It also claimed it did not sell 50 million governance tokens but rather allocated 40 million "as a loan to a sophisticated actor in the financial markets space" and converted 10 million to fiat for "operational costs." Prominent market maker Wintermute confirmed it is the former via retweet.
Free governance responsibilities (kind of)
The debacle follows the high-profile airdrop of Arbitrum governance tokens to users of the Ethereum Layer 2 scaling solution last week, which saw more than one billion ARB tokens allocated to nearly 300,000 wallets â creating a so-called decentralized autonomous organization, ArbitrumDAO.
Token holders and the wider crypto community have taken to Twitter to voice concerns (and jokes) over the apparent lack of decentralized autonomy. A wider theme is that some aren't buying the Arbitrum Foundation's lengthy argument, claiming it's merely a lot of words to say, "we sold."
#Binance #crypto2023 #BTC #BNB #ARBITRUM
#ARBITRUM #ARB
$ARB
The Coin is Moving at a good support Level.
Chances of Pump are Really High.
Entry Point 1.14 to 1.15
Exit Points as per the price in the Graph
Kindly Note: Trade Safe. Risk maximum of your 5-10% PF.
This is My Analysis.
Decision of Trade will be your.
$ARB
The Coin is Moving at a good support Level.
Chances of Pump are Really High.
Entry Point 1.14 to 1.15
Exit Points as per the price in the Graph
Kindly Note: Trade Safe. Risk maximum of your 5-10% PF.
This is My Analysis.
Decision of Trade will be your.
#ARBITRUM
The long-awaited Arbitrum airdrop will be launched on March 23
A governance token will be issued to those who have interacted with the network, as well as to some DAOs.
The long-awaited Arbitrum airdrop will be launched on March 23
A governance token will be issued to those who have interacted with the network, as well as to some DAOs.
#ARBITRUM TA + My Anticipation Levels !!! major Trend is bullish đ€Ż ,Expecting deeper pullback to Feb Level 0.786 đŒđ
wasnt arb scheduled to be open in an hour? why is it already open
#Binance #dyor #crypto2023 #ARBITRUM
#Binance #dyor #crypto2023 #ARBITRUM
$ARB #ARB #ARBITRUM
Right Time to book 25% of more profit at 1.20+
Congratulations on the Profit.
#TradeSafe
Right Time to book 25% of more profit at 1.20+
Congratulations on the Profit.
#TradeSafe
#ARBITRUM #ARB
$ARB
The Coin is Moving at a good support Level.
Chances of Pump are Really High.
Entry Point 1.14 to 1.15
Exit Points as per the price in the Graph
Kindly Note: Trade Safe. Risk maximum of your 5-10% PF.
This is My Analysis.
Decision of Trade will be your.
$ARB
The Coin is Moving at a good support Level.
Chances of Pump are Really High.
Entry Point 1.14 to 1.15
Exit Points as per the price in the Graph
Kindly Note: Trade Safe. Risk maximum of your 5-10% PF.
This is My Analysis.
Decision of Trade will be your.
Arbitrum's ARB token airdrop was a huge success, with over 42 million tokens claimed by 23,000 wallets in 1st hour. Arbitrum's ARB token airdrop saw 42M tokens claimed in the 1st hour by 23K wallets. Trading at $1.30, it made its debut on Uniswap at $3.99.
#crypto2023 #ARBITRUM
#crypto2023 #ARBITRUM