125 out of 137 DAOs received airdrop from Arbritrum.
Arbitrum – a leading Layer-2 scaling solution for Ethereum – started distributing its governance token on April 25th.
The airdrop is part of the platform’s roadmap, which designated 1.13% of the overall 10 billion token supply for qualified DAO projects., Arbitrum has distributed over 90 million ARB worth $120 million to 125 DAO wallets. Treasure DAO was the top receiver with 8 million ARB, while 60 other DAOs pocketed at least 75k ARB each.
Arbitrum-based decentralized exchange GMX is also expected to receive 8 million ARB but has not been airdropped so far. The full distribution of the DAO airdrop will take place today with those that have confirmed receiving the test transaction that was sent earlier last week.
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