The brokerage firm ForexClub announced the availability of the Arbitrum (ARBUSD) asset on the Libertex trading platform.
Arbitrum is a Level 2 (L2) solution for the Ethereum network, developed by the American company Offchain Labs. Arbitrum is an Ethereum Level 2 (L2) solution created by the American company Offchain Labs. The project's goal is to improve the base blockchain's speed and scalability.
According to the ForexClub Facebook page, the Arbitrum ecosystem token (ARB) will be distributed in 10 billion pieces on March 23, 2023.
Meanwhile, the Arbitrum community will own 59% of the tokens, while investors and Offchain Labs employees will own 44%.
ARB holders will be able to vote on proposals made by the decentralized autonomous organization (DAO) in charge of this initiative.
