Governance Token
arb coin is the second layer of Ethereum Layer2 protocol Arbitrum announced that it will issue a governance token. In short, it is designed to allow faster and cheaper transactions of ETH and other network tokens, The coin will undergo a massive airdrop this week.
Arbitrum is a second layer solution for Ethereum. Launched in 2021, it was even praised by Vitalik Buterin. Simply put, it is designed to allow for faster and cheaper transactions of ETH and other network tokens
Last week, Arbitrum announced that it would create a token of the same name.
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