Arbitrum to Unlock More Than 1 Billion ARB Tokens in March 2023, Gradually Increasing Liquidity
Arbitrum, an Ethereum layer-2 scaling solution, plans to release over 1 billion ARB tokens in March 2023, marking the beginning of a four-year unfreezing process. The initial release will consist of 1.11 billion ARB tokens, equivalent to 87% of the circulating supply. Subsequent token unlocks will occur every four weeks for the next four years, gradually increasing liquidity. Unlocks are seen as bearish catalysts for the token's price, with larger unlocks having a greater impact.
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Arbitrum to Unlock More Than 1 Billion ARB Tokens in March 2023, Gradually Increasing Liquidity
Arbitrum, an Ethereum layer-2 scaling solution, plans to release over 1 billion ARB tokens in March 2023, marking the beginning of a four-year unfreezing process. The initial release will consist of 1.11 billion ARB tokens, equivalent to 87% of the circulating supply. Subsequent token unlocks will occur every four weeks for the next four years, gradually increasing liquidity. Unlocks are seen as bearish catalysts for the token's price, with larger unlocks having a greater impact.