Can ARB be great again?
Users are involved in airdrops such as BuildOnBase,Starknet,Layerzero , andZksync
On the contrary, Arbitrum, which has already completed its airdrop, has seen a gradual decline in interest. However, it’s time to refocus our attention on the ARB once again.
From September 27, the Arbitrum odyssey resumes.
This was confirmed based on Arbitrum’s short-term incentive program proposal, with $50 million of ARB expected to be distributed by Jan. 31, 2024.
The $ARB will be used as follows.
–Supporting the growth of the network -Experimenting with incentive
Grants– Finding new models of grants and developer support that generate maximum activity on the Arbitrum network.
– Create incentive data
You can see the details here:
https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x5e0057920df9a278918e4de4ee1e6de7e2415d2af985e40a6c7a1a4b47a4ce01
And also, the remaining 69 million unclaimed $ARB in the claim contract have been officially transferred to the #ArbitrumDAO treasury as outlined in AIP-7
As a result, Arbitrum’s treasury now holds $3 billion worth of $ARB
You can see the participations here:
https://arbiscan.io/address/0xf3fc178157fb3c87548baa86f9d24ba38e649b58#tokentxns
The Use of Allocation airdrop has not yet been determined. However, it goes without saying that it will be used for the advancement of the ecosystem.
As the Incentive Program extends until January of next year, aligning it with the Dencun upgrade cycle, we can expect promising results. Let’s keep an eye out to see if Arbitrum will be able to thrive again.
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