Question 1

What is Arbitrum?

Accepted Answer

Arbitrum is a protocol designed to make Ethereum transactions faster and cheaper. It achieves this by implementing two core protocols, Arbitrum Rollup and Arbitrum AnyTrust. Developers can leverage these protocols to build user-friendly decentralized apps (dApps) with improved scalability. Arbitrum has two primary chains: Arbitrum One, which was launched in 2021 and implements the Arbitrum Rollup protocol, and Arbitrum Nova, which is built on the Arbitrum AnyTrust protocol and focuses on ultra low-cost transactions. In August 2022, Arbitrum One was upgraded to the Arbitrum Nitro stack, which increased its scaling capabilities by 7-10 times.

The distribution of the ARB governance token plays a crucial role in decentralizing the governance of Arbitrum One and Arbitrum Nova, as well as their underlying protocols. This distribution enables ARB token holders to collaboratively shape the future of the Arbitrum ecosystem.

Question 2

What is the Arbitrum (ARB) token?

Accepted Answer

The Arbitrum One (ARB) token is a governance token that represents membership in the Arbitrum DAO (decentralized autonomous organization). ARB token holders can participate in the governance process by voting on proposals related to the development and management of the Arbitrum protocols and chains. Holding ARB gives token holders the ability to influence the direction the Arbitrum ecosystem and contribute to its decentralized future. The ARB token is distinct from ETH, Ethereum's native token, in its purpose and function. While ETH is a transactional token used to pay for transaction fees on the Ethereum network, ARB is specifically designed for governing the Arbitrum protocols and chains.

Question 3

How does Arbitrum's governance work?

Accepted Answer

Arbitrum's governance is driven by two main governing bodies: the Security Council and the Arbitrum DAO.

* The Security Council is a 12-member council elected by the Arbitrum DAO members. This council focuses on maintaining the security and performance of the Arbitrum ecosystem by applying emergency actions when necessary.
* The Arbitrum DAO is the global community of ARB token holders and their chosen delegates. This DAO is responsible for governing Arbitrum and its Security Council. The DAO can modify the Security Council's powers or even eliminate it entirely through constitutional proposals.

ARB token holders can participate in the governance process by voting on proposals directly or by delegating their voting power to delegates who represent their interests. This decentralized governance system ensures that decisions made within the Arbitrum ecosystem align with the community's best interests, rather than relying solely on a centralized group of decision-makers.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	ARB-USDT ARBUSDT	binance	AA	0.1807USDT	-7,33%	76 502 059,20ARB	71 295	0.1951USDT	0.1957USDT
2	ARB-USDT ARB-USDT	okex	A	0.1806USDT	-7,41%	44 586 883,48ARB	70 274	0.1950USDT	0.1957USDT
3	ARB-USDT ARB_USDT	whitebit	BB	0.1807USDT	-7,38%	43 759 392,25ARB	21 514	0.1952USDT	0.1958USDT
4	ARB-USDT ARB_USDT	gateio	A	0.1806USDT	-7,40%	32 619 689,00ARB	41 711	0.1951USDT	0.1957USDT
5	ARB-USDT ARBUSDT	bybit	A	0.1807USDT	-7,34%	21 708 219,09ARB	42 244	0.1950USDT	0.1957USDT
6	ARB-USDT ARB-USDT	kucoin	BB	0.1807USDT	-7,33%	14 665 822,48ARB	9 474	0.1951USDT	0.1957USDT
7	ARB-USD ARB-USD	coinbase	AA	0.1805USD	-7,28%	12 656 616,26ARB	10 119	0.1947USD	0.1954USD
8	ARB-TRY ARBTRY	binance	AA	8,95TRY	-6,96%	11 373 954,60ARB	5 337	9,62TRY	9,65TRY
9	ARB-USD ARBUSD	kraken	AA	0.1805USD	-7,29%	10 261 908,24ARB	4 248	0.1947USD	0.1955USD
10	ARB-USDC ARB-USDC	okex	A	0.1803USDC	-7,37%	8 261 450,93ARB	13 428	0.1947USDC	0.1954USDC
11	ARB-USDC ARB_USDC	whitebit	BB	0.1807USDC	-7,28%	8 225 561,57ARB	5 327	0.1950USDC	0.1956USDC
12	ARB-USDC ARBUSDC	binance	AA	0.1806USDC	-7,43%	6 899 500,50ARB	7 674	0.1951USDC	0.1955USDC
13	ARB-TRY ARB_TRY	whitebit	BB	8,94TRY	-7,28%	6 433 038,10ARB	4 564	9,64TRY	9,70TRY
14	ARB-USDT ARBUSDT_SPBL	bitget	BB	0.1807USDT	-7,36%	6 362 094,18ARB	8 714	0.1950USDT	0.1956USDT
15	ARB-EUR ARBEUR	kraken	AA	0.1607EUR	-7,43%	4 570 182,65ARB	1 967	0.1736EUR	0.1741EUR
16	ARB-USD ARB_USD	cryptodotcom	AA	0.1802USD	-7,53%	4 367 324,00ARB	10 662	0.1949USD	0.1955USD
17	ARB-USD arbusd	bitstamp	AA	0.1804USD	-7,49%	3 121 790,81ARB	1 682	0.1951USD	0.1954USD
18	ARB-EUR ARB_EUR	whitebit	BB	0.1607EUR	-7,43%	2 606 273,20ARB	1 623	0.1736EUR	0.1741EUR
19	ARB-BTC ARB_BTC	whitebit	BB	0.0₅2221BTC	-3,81%	2 129 130,10ARB	1 595	0.0₅2309BTC	0.0₅2309BTC
20	ARB-USDC ARBUSDC	bybit	A	0.1806USDC	-7,27%	1 975 389,14ARB	1 309	0.1947USDC	0.1951USDC
21	ARB-USDT ARB_USDT	cryptodotcom	AA	0.1807USDT	-7,36%	1 876 903,00ARB	6 878	0.1951USDT	0.1956USDT
22	ARB-ETH ARBETH	binance	AA	0.0₄7570ETH	-3,20%	1 501 414,70ARB	1 579	0.0₄7820ETH	0.0₄7820ETH
23	ARB-BTC ARBBTC	binance	AA	0.0₅2210BTC	-4,33%	1 073 855,70ARB	801	0.0₅2310BTC	0.0₅2310BTC
24	ARB-USDC ARB_USDC	gateio	A	0.1805USDC	-7,65%	343 819,25ARB	469	0.1954USDC	0.1954USDC
25	ARB-EUR arbeur	bitstamp	AA	0.1599EUR	-7,90%	342 584,64ARB	148	0.1737EUR	0.1737EUR
26	ARB-USD ARBUSD	bitfinex	BB	0.1797USD	-8,79%	196 108,60ARB	427	0.1970USD	0.1970USD
27	ARB-USDT ARBUST	bitfinex	BB	0.1802USDT	-8,29%	157 872,14ARB	114	0.1964USDT	0.1964USDT
28	ARB-USD ARBUSD	hashkey	A	0.1805USD	-7,29%	154 971,30ARB	1 834	0.1947USD	0.1953USD
29	ARB-EUR ARB-EUR	okex	A	0.1606EUR	-7,40%	151 485,45ARB	815	0.1734EUR	0.1738EUR
30	ARB-USD ARBUSD	cexio	BB	0.1810USD	-5,07%	90 233,67ARB	17	0.1907USD	0.1907USD
31	ARB-TRY ARB-TRY	okex	A	8,97TRY	-6,93%	23 008,18ARB	59	9,64TRY	9,64TRY
32	ARB-USD arbusd	gemini	A	0.1800USD	-7,88%	14 846,59ARB	58	0.1954USD	0.1954USD
33	ARB-IDR ARBIDR	binance	AA	3 292,00IDR	-7,35%	8 806,90ARB	65	3 553,00IDR	3 553,00IDR
34	ARB-U ARBU	binance	AA	0.1835U	-4,53%	2 906,60ARB	11	0.1922U	0.1922U
35	ARB-USDT ARBUSDT	cexio	BB	0.1797USDT	-9,22%	1 520,41ARB	7	0.1980USDT	0.1980USDT
36	ARB-BTC ARBBTC	cexio	BB	0.0₅2240BTC	-1,75%	133,65ARB	1	0.0₅2280BTC	0.0₅2280BTC
37	ARB-USDC ARBUSDC	cexio	BB	0.1842USDC	-5,80%	100,24ARB	1	0.1956USDC	0.1956USDC
38	ARB-USDT arb_usdt	xtpub	-	0.1806USDT	-7,43%	45 109 203,20ARB	14 020	0.1951USDT	0.1957USDT
39	ARB-KRW KRW-ARB	upbit	B	242,00KRW	-6,56%	23 881 711,43ARB	4 747	259,00KRW	260,00KRW
40	ARB-USDT ARB_USDT	coinw	-	0.1806USDT	-7,43%	20 496 380,90ARB	4 084	0.1951USDT	0.1956USDT
41	ARB-USDT ARB_USDT	poloniex	C	0.1801USDT	-7,26%	15 822 712,87ARB	168 004	0.1942USDT	0.1991USDT
42	ARB-USDT arb_usdt	digifinex	D	0.1807USDT	-7,33%	15 144 257,70ARB	50 791	0.1950USDT	0.1957USDT
43	ARB-USDT arb_usdt	lbank	C	0.1807USDT	-7,38%	14 731 313,83ARB	17 783	0.1952USDT	0.1958USDT
44	ARB-USDT ARBUSDT	bitrue	D	0.1807USDT	-6,56%	14 637 687,30ARB	64 882	0.1935USDT	0.1944USDT
45	ARB-USDT sARBUSDT	phemex	C	0.1807USDT	-7,38%	12 316 520,34ARB	6 354	0.1951USDT	0.1957USDT
46	ARB-USDT ARBUSDT	toobit	C	0.1807USDT	-7,33%	11 949 623,30ARB	16 363	0.1951USDT	0.1958USDT
47	ARB-USDT ARB_USDT	p2pb2b	D	0.1807USDT	-7,43%	8 230 619,90ARB	21 097	0.1952USDT	0.1957USDT
48	ARB-USDC ARB_USDC	p2pb2b	D	0.1802USDC	-7,49%	6 053 651,10ARB	6 764	0.1949USDC	0.1955USDC
49	ARB-KRW ARB_KRW	bithumbkorea	-	242,00KRW	-6,20%	5 942 508,04ARB	1 407	258,00KRW	260,00KRW
50	ARB-EUR ARBEUR	bit2me	B	0.1607EUR	-7,43%	4 569 862,64ARB	1 963	0.1736EUR	0.1741EUR