Arbitrum Blockchain Airdrops $120M in ARB Tokens to DAOs; Some Dump, Some Look to Bolster Themselves

by Jeremy

For some, like Vesta Finance, the airdrop offered a multimillion-dollar stimulus: The venture was eligible for two.7 million arb tokens, value just below $6 million, regardless of holding solely $3 million in its treasury. This could enable the venture to, over time, promote the tokens to bolster its personal growth and even present token incentives to customers to additional jumpstart exercise.

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