69 Million ARB Tokens Transferred to Arbitrum DAO Treasury from Unclaimed Airdrop

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69 Million ARB Tokens Transferred to Arbitrum DAO Treasury from Unclaimed Airdrop
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The Arbitrum DAO treasury now holds 3.6 billion ARB tokens worth around $2.9 billion.

The Arbitrum Foundation announced transferring 69 million unclaimed ARB tokens into the network’s treasury as the token claim period concluded on September 24th. The official“The 69,448,385 unclaimed ARB remaining in the token claim contract has officially been moved to the Arbitrum DAO treasury as outlined in AIP-7. You cannot claim those tokens anywhere. Please be safe out there”that the DAO Treasury currently holds ARB worth more than $2.9 billion.

plans to distribute unclaimed funds directly to eligible users from its initial airdrop in June 2022. Approximately 49 million OP tokens, equivalent to $61.7 million, were left unclaimed out of the totalOptimism further unveiled its third OP token airdrop specifically for governance members, allotting 19.4 million OP tokens, valued at $24 million, to a total of 31,870 addresses.

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