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  • Arbitrum’s DAO to receive 3350 ETH from transaction fees

Ethereum

Arbitrum’s DAO to receive 3350 ETH from transaction fees

05/11/2023
Bitcoin Ethereum News

Arbitrum's DAO

  • 1
    Ether worth nearly $6.2 million will be distributed by Ethereum layer-2 blockchain Arbitrum to its Decentralized Autonomous Organization.
  • 2
    The current cost of sending ETH on Arbitrum is $0.25 and that of swapping tokens is $0.68 at the time of writing.
  • 3
    Arbitrum launched an incentive program after the protocol team clashed with the community and a nearly $1 billion fund transfer wasn’t approved by ARB holders. 

Excellent and big news for the ARB holders, as Ether worth nearly $6.2 million will be distributed by Ethereum layer-2 blockchain Arbitrum to its Decentralized Autonomous Organization (DAO). The project was announced …

Source: https://www.thecoinrepublic.com/2023/05/11/arbitrums-dao-to-receive-3350-eth-from-transaction-fees/

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