▓▓▓▓░░ 71%

Arbitrum's $ARB is coming this Thursday 🦅 🔵

77% of my audience got this airdrop. Congrats everyone, BTW ⚡️

26% is holding no matter the price, and 50% is not selling below null.25.

What is the purpose of the ARB token? 🧵👇

1/11

✅ ABOUT PRICE

I was thrilled to see that almost 80% of the people who voted in my Twitter poll got this airdrop. It's a huge sample of 7300 people

Very happy that so many people are getting their first airdrop, there are 625,143 wallets eligible

twitter.com/OlimpioCrypto/status/1636357015684481024

2/11

✅ ABOUT PRICE

In my second poll, 26% is holding.

Only 22% are selling below null.25.

twitter.com/OlimpioCrypto/status/1636771668206006272

3/11

✅ ABOUT PRICE

There is also an informal OTC market for ARB, I've seen prices from null to null.50 there today. (image attached)

4/11

✅ ABOUT PRICE

Another speculative price point can be found in protocols like PrePO, where people are betting ARB's FDV on $14.4B (one week after token launch), which is around null.50 per token. (image attached)

5/11

✅ ABOUT PRICE

If you want to have some fun, read this price scenario speculation I posted a few days ago. Don't take it too seriously!

twitter.com/OlimpioCrypto/status/1636771626560765969

6/11

✅ TOKENOMICS

• Team & Future Team + Advisors: 26.9%

• DAOs in the ecosystem: 1.1%

• Individual wallets: 11.6%

• 42.8%: DAO Treasury

• Investors: 17.5%

Total supply: 10B tokens

7/11

✅ VESTING

Total Supply schedule

• User & DAO airdrops will be available on Thursday

• Investor & Team tokens have 4-year lockups (1 year cliff)

• First unlock: in one year, then monthly linear unlocks

🔗 Source: docs.arbitrum.foundation/airdrop-eligibility-distribution

8/11

✅ GOVERNANCE

• Self-executing governance:

This means that DAO votes will have the power to execute autonomously on-chain. No need for a central authority to "process" DAO decisions

9/11

✅ GOVERNANCE

• For emergencies: the Arbitrum Security Council

A 12-person multi-sig that will be able quick action in case of emergency. 9/12 votes needed. This could be used, for example, to patch a vulnerability

Elections for the Council are held twice annually.

10/11

✅ GOVERNANCE

• $ARB tokens govern both Arbitrum Nova and Nitro

• Voting power is determined by the number of $ARB held

• You can delegate your voting power to others (like olimpio.eth 😉🏛️)

11/11

✅ ARBITRUM "ORBIT"

Orbit will allow developers to easily and permissionlessly launch their own Layer 3 (L3) blockchain in the Arbitrum ecosystem

• L3s can be launched with no DAO approval

• New L2s that want to fork Arbitrum will be able to do it after DAO approval

Stay tuned, I will keep you updated

⚡️ Join instant alpha telegram Alerts: t.me/OlimpioAlpha

Post by @olimpio.lens