The arbitrum airdrop spurred a flurry of search activity on Google on Thursday, with particular interest coming from China. Reporting by oknightcrypto
Arbitrum appears to be attracting particular interest in China, with the country dominating the"interest by region" category onThe Arbitrum blockchain has $1.66 billion in total value locked , with this figure distributed across derivatives exchanges, decentralized exchanges and lending protocols. The new token will see Arbitrum transition to a decentralized autonomous organization that will feature governance votes and proposals for token holders.
The token will be airdropped to eligible users on on Thursday, March 23, with 11.5% of the total supply being allocated to Arbitrum users., a rival layer 2 scaling solution that issued an airdrop last April. The market capitalization of the Optimism token is $792 million with a market cap to TVL ratio of 0.84, according to DefiLlama.
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