2.33% of ARB Tokens Will Be Unlocked on November 16th
2024-10-21


Arbitrum will unlock 92,650,000 ARB tokens on November 16th, constituting approximately 2.33% of the currently circulating supply.
ARB Info
Arbitrum is a layer 2 scaling solution designed for the Ethereum network. Its goal is to increase the scalability of Ethereum while preserving its decentralization and security.
Arbitrum operates by batching many transactions together off-chain and then submitting a single, combined proof of all these transactions to the Ethereum base layer. This greatly reduces the amount of computation and storage that the Ethereum network has to handle, allowing it to support a much higher throughput of transactions.