{"id":77807,"date":"2023-04-25T13:54:13","date_gmt":"2023-04-25T10:54:13","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=77807"},"modified":"2025-09-11T01:21:36","modified_gmt":"2025-09-10T22:21:36","slug":"arbitrum-launches-governance-token-distribution-to-daos","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/arbitrum-launches-governance-token-distribution-to-daos\/","title":{"rendered":"Arbitrum launches governance-token distribution to DAOs"},"content":{"rendered":"<p>The team behind the <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-layer%e2%80%912-solution-in-blockchain\">second-layer solution<\/a> Arbitrum began distributing governance tokens among the <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-dao-decentralised-autonomous-organisation\">DAOs<\/a> that confirmed receipt of test transactions in the network&#8217;s ecosystem.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The full distribution of the DAO airdrop will take place today with those that have confirmed receiving the test transaction that was sent earlier last week.<\/p>\n<p>For more details on the DAO distribution, please read the thread below. ?? <a href=\"https:\/\/t.co\/naApiR7uT2\">https:\/\/t.co\/naApiR7uT2<\/a><\/p>\n<p>\u2014 Arbitrum (?,?) (@arbitrum) <a href=\"https:\/\/twitter.com\/arbitrum\/status\/1650541491012370435?ref_src=twsrc%5Etfw\">April 24, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The protocol <a href=\"https:\/\/arbiscan.io\/tx\/0x36a3614aff85cdd1ce6d636509adb2af5b9ceb9d1ef5ac2cec6d56943a985665\">transferred 113 million ARB<\/a> \u2014 1.13% of the <a href=\"https:\/\/www.coingecko.com\/en\/coins\/arbitrum\">coin&#8217;s total supply<\/a> \u2014 to the addresses of 125 decentralized autonomous organizations. More distributions are expected later.<\/p>\n<p>Among the recipients were projects including: GMX, TreasureDAO, SushiSwap, Uniswap, Aave, Hop Protocol, Radiant Capital, Balancer, Gains Network, Synapse, MakerDAO, Vesta, Curve, Layer Zero, 1inch, Swapr.<\/p>\n<p>The ARB distribution is aimed at increasing activity on the Arbitrum network. The coins may be used to fund projects, and for other purposes to be determined by community votes.<\/p>\n<p>At the time of writing, ARB traded at $1.31, down 0.4% over the past 24 hours.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Uniswap-V3-Arbitrum_GeckoTerminal.com_WETH_2023-04-25_13-40-28.webp\" alt=\"Uniswap-V3-Arbitrum_GeckoTerminal.com_WETH_2023-04-25_13-40-28\" class=\"wp-image-205319\"\/><figcaption>Hourly ARB\/WETH chart on Uniswap. Data: <a href=\"https:\/\/www.geckoterminal.com\/arbitrum\/pools\/0xc6f780497a95e246eb9449f5e4770916dcd6396a?utm_medium=referral&#038;utm_source=coingecko&#038;utm_campaign=livechart-btn\">GeckoTerminal<\/a>.<br \/><\/figcaption><\/figure>\n<p>Earlier the network community, by an overwhelming majority, <a href=\"https:\/\/u1f987.com\/en\/news\/arb-token-price-rises-8-5-in-24-hours\">supported<\/a> AIP-1.1 and AIP-1.2. The updates adopted became an alternative to AIP-1, which <a href=\"https:\/\/u1f987.com\/en\/news\/the-arbitrum-communitys-first-governance-vote-failed\">caused many questions<\/a> and was withdrawn by the team.<\/p>\n<p>According to community-approved proposals, the Arbitrum Foundation will receive 700 million ARB (7% of the total supply), but with a vesting period. The project will allocate funds over four years in equal installments of 135 million tokens.<\/p>\n<p>In April, the multi-chain liquidity protocol Symbiosis Finance <a href=\"https:\/\/u1f987.com\/en\/news\/symbiosis-finance-integrates-arbitrum\">added<\/a> support for Arbitrum.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The team behind the second-layer solution Arbitrum began distributing governance tokens among the DAOs that confirmed receipt of test transactions in the network&#8217;s ecosystem.<\/p>\n","protected":false},"author":1,"featured_media":77808,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1335,80],"class_list":["post-77807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-arbitrum-arb","tag-dao"],"aioseo_notices":[],"amp_enabled":true,"views":"12","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/77807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=77807"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/77807\/revisions"}],"predecessor-version":[{"id":77809,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/77807\/revisions\/77809"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/77808"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=77807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=77807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=77807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}