Arbitrum (ARB) Holders Vote on 100 Million-Token Incentive Plan

ArbitrumDAO holders are voting on an Entropy Advisors proposal to add 100 million Arbitrum (ARB) tokens to incentives focused on Global Dollar (USDG), subject to DAO approval. The on-chain vote runs from Oct. 29 through Nov. 12. The proposed addition remains pending while holders decide whether to approve it. ARB is ArbitrumDAO’s governance token. Holders can vote on proposals affecting the Arbitrum One and Arbitrum Nova chains and the DAO’s treasury funds. ARB traded at $0.1597 as of 4:47 a.m. ET (09:47 UTC) Nov. 2, down 2.44% over 24 hours. The vote closes Nov. 12. Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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