Arbitrum is a
Layer 2 solution for Ethereum, meaning it helps
make transactions faster and cheaper while still using Ethereum’s security. It does this by using
optimistic rollups, which move most of the work off the main Ethereum network.
- Lower Fees – Transactions cost much less than on Ethereum.
- Faster Speed – Handles thousands of transactions per second.
- Works with Ethereum – Any Ethereum app can run on Arbitrum without changes.
Arbitrum’s token,
ARB, is used for
governance. Holders can vote on
network upgrades and security decisions through the
Arbitrum DAO.
In
March 2023, Arbitrum launched a big
airdrop, giving
12.75% of ARB tokens to early users and projects building on the network.
Arbitrum’s Growing EcosystemMany
DeFi and crypto projects run on Arbitrum, including:
- GMX (decentralized trading)
- Radiant Capital (lending platform)
- Treasure (NFT and gaming)
Arbitrum is one of the
largest Layer 2 networks, with
over $1.85 billion locked in its ecosystem. With its
speed, low fees, and strong security, Arbitrum is making Ethereum better for everyone.