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ARBITRUM (ARB) is a new token on the BSC (Binance Smart Chain) blockchain. The project carries out an airdrop of tokens using the instant claim system. To receive a token to a wallet, you will need to pay a blockchain commission per transaction, this is done to protect against bots.
The smart contract address of the ARBITRUM token (ARB) is 0x9C7dcBCD905867FC98d0Fe90BF2d280BA95e6Dc9. The total supply is 2,000,000,000 $ARB coins. At the moment, the token is not traded, it is at the stage of pre-sale and instant airdrop distribution.
Here is what they write about the project on the site: This marks the beginning of decentralized governance for the Arbitrum protocol. Users across the ecosystem will be given voting power. 11.62% of tokens will be initially distributed to users and 1.13% will be distributed to DAOs in the Arbitrum ecosystem. The Ethereum mainnet has been criticized for various reasons, including its lacking scalability, high gas fees and slow transaction speeds. Many networks have been introduced with the promise of solving Ethereum's issues. Some of these networks include Polkadot (DOT), Cardano (ADA) and EOS (EOS), which are separate blockchains powered by proof-of-stake (PoS) protocols that promise to solve the scalability issues of the Ethereum network. Different from these solutions, Arbitrum operates as a separate layer of the network, to relieve the ETH mainnet from excessive transactions by facilitating the validation of smart contracts through the introduction of optimistic Arbitrum rollups. Although other protocols also aim to achieve similar improvements, the Arbitrum network currently stands out for its Ethereum Virtual Machine (EVM) compatibility, meaning that developers don't have to learn a new coding language to be able to build their dApps within the Arbitrum mainnet.