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CoinTurk News 2023-09-25 07:56:59

Arbitrum Foundation Transfers $59 Million Worth of ARB Tokens to Treasury

Arbitrum Foundation, responsible for the development of the Blockchain, announced on September 24 that 69 million unclaimed ARB tokens have been transferred to the network treasury following the end of the demand period for the expected tokens for AirDrop over the weekend. $59 Million Worth of ARB Tokens Transferred to Arbitrum Treasury According to technical documentation, the unclaimed tokens represent 0.69% of the total supply of 10 billion ARB. Data from Dune Analytics shows that 93% of eligible users participated in the AirDrop and claimed their tokens, while the remaining users did not request the tokens. The post Arbitrum Foundation Transfers $59 Million Worth of ARB Tokens to Treasury appeared first on COINTURK NEWS.

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