What is the arbitrum token?

Arbitrum's native token is called the Arbitrum token, or ARB for short. The token is used to pay for transaction fees on the Arbitrum network and also serves as a means of governance for the protocol. Holders of ARB can participate in decision-making processes, such as proposing and voting on protocol upgrades or changes.

What are the best arbitrum ecosystem coins to buy?

Top Arbitrum Ecosystem Coins by Market Capitalization Coin Price 1h 24h 7d ArbiNYAN NYAN NYAN $0.152610 -1.4% 23.2% ArbiDoge ADOGE ADOGE $0.000000125902 0.7% 20.4% ArbiFarm AFARM AFARM $3.51 6.2% Arbis Finance ARBIS ARBIS $0.00 ? ? ?

Will arbitrum release its own Arbi cryptocurrency?

As a result, developers have flocked to Arbitrum to build decentralised applications ( dApps ), and it is now ranked the seventh biggest blockchain by total value locked ( TVL ), according to DeFi Llama. There is now speculation that Arbitrum will release its own ARBI cryptocurrency, but users are awaiting confirmation from the network.

Who invests in arbitrum?

Venture capitalists find Arbitrum interesting. Some of the most innovative funds have invested, placing them in an elite group of Layer 2 DeFi projects. Coinbase ventures – Investors in Compound, BlockFi, Dharma, EtherScan, Synthetix, Audius, and DapperLabs Pantera Capital – Pantera has been around longer than cryptocurrency itself.