ChainCatcher message, according to monitoring by The Data Nerd, cryptocurrency market maker GSR deposited 11.342 million ARB tokens to Binance 17 hours ago, worth approximately 6.73 million USD. This large deposit may cause the price of ARB tokens to drop by 5%.

According to ChainCatcher news, The Block reported that a representative from the Arbitrum ecosystem, Frission, has proposed a governance proposal suggesting that 50% of the excess sequencer fees in the future be used to reward holders of ARB tokens who stake and actively delegate.The proposal addresses the growing treasury security concerns of the Arbitrum DAO, which currently holds over $50 million in excess fees. The proposal points out that only 10% of ARB is actively used for governance, and the voting participation rate is declining, making the treasury a potential target for governance attacks. Frission's proposal aims to incentivize governance participation, enhance the economic security of the DAO, and reduce the risk of the treasury being attacked.

ChainCatcher news, Arbitrum ecosystem DEX Camelot announced on social media that it will launch a new round of ARB liquidity event EPOCH 1 from June 25 to July 7. Currently, Camelot has received a grant of 1.545 million ARB tokens, which will be distributed weekly over the next 3 months.The official statement indicates that the partner pool remains the focus of its ARB rewards, which will be distributed to the V3 pool and treasury through Merkl.

ChainCatcher news, the yield aggregation protocol Harvest announced on platform X that the Arbitrum DAO has approved its LTIPP proposal, which will receive a grant of 250,000 ARB tokens. These tokens will be used to incentivize liquidity mining for assets such as WBTC, ETH, and USDC on Arbitrum. Harvest will also establish a dedicated ARB Vault to earn ARB.

According to ChainCatcher news, data from Token Unlocks shows that this week, tokens such as ARB, APT, and APE will experience a large one-time unlock, totaling a release value of $2.63 billion. Among them:Arbitrum (ARB) will unlock 1.11 billion tokens on March 16 at 9 PM, worth approximately $2.32 billion, accounting for 76.62% of the circulating supply;Aptos (APT) will unlock 24.84 million tokens on March 13 at 6 AM, worth approximately $329 million, accounting for 6.73% of the circulating supply;ApeCoin (APE) will unlock 15.6 million tokens on March 17 at 8 AM, worth approximately $35.57 million, accounting for 2.55% of the circulating supply.CyberConnect (CYBER) will unlock 886,000 tokens on March 15 at 6 PM, worth approximately $10.51 million, accounting for 5.98% of the circulating supply.Flow (FLOW) will unlock 2.6 million tokens on March 16 at 8 AM, worth approximately $3.62 million, accounting for 0.17% of the circulating supply.Moonbeam (GLMR) will unlock 3.04 million tokens on March 16 at 8 AM, worth approximately $1.49 million, accounting for 0.36% of the circulating supply.Euler (EUL) will unlock 86,900 tokens on March 14 at 7:34 PM, worth approximately $591,000, accounting for 0.47% of the circulating supply.

ChainCatcher news, the Arbitrum ecosystem DEX Camelot will launch a 3-month incentive program on November 15 at 1:00, with a total of 3 million ARB tokens, over 60 liquidity pools, and more than 45 partners.

ChainCatcher news, 1inch has initiated a new proposal to exchange all ARB tokens on Arbitrum One (the 1inch DAO treasury received an airdrop of 2,575,405 ARB tokens in April 2023) for USDC, and then bridge these USDC funds to the 1inch DAO treasury on the Ethereum mainnet.The proposal aims to maximize the value of the received ARB tokens and reduce the risk of volatile assets.

ChainCatcher message, the multi-chain lending protocol Radiant Capital has launched on Ethereum, supported by LayerZero Labs, Stargate, and Balancer. They will airdrop 500,000 ARB tokens to dLP stakers on the mainnet for 6-12 months.This airdrop is implemented through a snapshot of Ethereum blocks, with the snapshot window ending within 30-60 days. The exact timing will remain confidential until the end to prevent manipulation.Currently, 1 million dLPs are locked on Ethereum, and the 500,000 ARB tokens to be distributed are not related to Radiant's recently obtained short-term incentive program from the Arbitrum Foundation, but rather utilize the remaining initial ARB tokens from March 2023.

ChainCatcher news, GMX has submitted a detailed funding proposal to Arbitrum, focusing on creating diverse perpetual and spot pools with high liquidity and capital efficiency.GMX requests the DAO to consider approving incentives of up to 12 million ARB tokens for its V2 version, along with an additional 2 million ARB tokens for liquidity and trading volume programs aimed at ecosystem partners building on GMX V2 but not directly receiving incentives from the Arbitrum DAO.This proposal primarily focuses on: converting CEX users to DEX users, promoting the development and integration of the Arbitrum protocol on GMX V2, targeted incentives for liquidity provision, and fostering an active on-chain trading environment.

ChainCatcher news, the Arbitrum community's two governance proposals jointly request approximately 5 million ARB tokens from Arbitrum's nearly 4 billion dollar treasury to establish a grant program to fund ecosystem development.Since last week, ARB stakeholders have been voting on one of the grant proposals, with the second vote starting on August 1. Voting on these proposals may grant ARB token holders voting rights on the grants, allowing them to have a say in which proposals receive funding and how much funding they receive.Plurality Labs anonymous founder DisruptionJoe stated, "If both proposals succeed, the relevant entities will be eager to collaborate, setting a precedent for diversity."

ChainCatcher news, according to Twitter user Ember Monitoring, the crypto hedge fund Arca withdrew 1,485,027 ARB (approximately $1.68 million) from Binance 1 hour ago.The address currently also holds 1,198,452 DYDX (worth $2.35 million, withdrawn from Binance between March 10 and March 29, with a cost of $2.2), 165,877 GNS (worth approximately $700,000, withdrawn from Binance between March 29 and May 3, with a cost of $6); and 20,189 GMX (worth approximately $1.03 million, purchased on-chain between December 20, 2022, and January 10, 2023, with a cost of $42.6). (Source link)

According to ChainCatcher news, data from Spot on Chain shows that in the past 12 days, a total of approximately 602 million ARB (worth 698 million USD) has been allocated to 34 addresses (possibly investors). Currently, there are no further transfer activities from the addresses that received ARB. (Source link)

ChainCatcher message, the multi-chain lending protocol Radiant Capital tweeted, "RFP-18: Radiant DAO Treasury ARB Allocation Strategy Application" proposal is now live and will open for voting at 11:03 AM Beijing time on May 15. The proposal details the strategic allocation plan for granting 3,348,026 ARB tokens to the Radiant DAO Treasury, of which 40% of the ARB will be airdropped to new dLP stakers locking for 6 months and 1 year, 30% of the ARB will be allocated to dLP stakers on Arbitrum, and 30% will be reserved as a strategic reserve for future DAO use. (Source link)

ChainCatcher news, the Arbitrum Foundation's two new proposals to expand the oversight and governance power of ARB token holders have been approved through voting.The first proposal AIP-1.1 suggests placing the remaining 700 million ARB of the foundation into a "smart contract-controlled lockup," which will unlock over four years. The foundation will not be able to use the tokens until the community members approve the token distribution budget; a portion of the tokens will be used to fund the Arbitrum Foundation's operational budget for the first year. The second proposal AIP-1.2 aims to modify several governance documents of the Arbitrum ecosystem, including lowering the threshold of ARB tokens required to submit improvement proposals on-chain from 5 million ARB to 1 million ARB. (source link)

ChainCatcher news, the Arbitrum Foundation has submitted two new proposals aimed at limiting its own power and expanding the budget oversight and governance power of ARB token holders. The first proposal AIP-1.1 suggests locking the remaining 700 million ARB of the foundation in a smart contract, which will unlock over four years. The foundation will not be able to use the tokens until the community members approve the token distribution budget, and a portion of the tokens will be used to fund the Arbitrum Foundation's operational budget for the first year.The second proposal AIP-1.2 aims to modify several governance documents of the Arbitrum ecosystem, including lowering the threshold of ARB tokens required to submit improvement proposals on-chain from 5 million ARB to 1 million ARB. DAO members will have three days to provide feedback on the proposals, after which both proposals will undergo a week-long snapshot vote. (source link)

ChainCatcher news, according to CoinDesk, the Arbitrum Foundation began selling ARB tokens for stablecoins before its token holder governance community "approved" the organization’s nearly $1 billion budget, sparking controversy within the community.According to sources cited by CoinDesk, Patrick McCorry stated that the Arbitrum Foundation believes that the comprehensive governance package Arbitrum Improvement Proposal (AIP-1) is an "approval" of decisions it has already made, such as receiving 7.5% of all ARB tokens. To this end, the foundation has begun to use these tokens for the benefit of the DAO, including converting some funds into stablecoins for operational purposes. (Source link)

According to ChainCatcher news, data from Spot on Chain shows that Amber Group transferred 2.41 million ARB to Binance yesterday, worth approximately 3.34 million USD (when the ARB price was 1.37 USD).In addition, recent data indicates that Amber Group's related addresses collected 8.6 million ARB from several addresses between March 24 and 26, worth approximately 10.62 million USD (when the ARB price was 1.23 USD). Subsequently, from March 28 to 30, they transferred 5.67 million ARB to Binance, worth approximately 6.69 million USD (when the ARB price was 1.18 USD). Currently, Amber Group's related addresses still hold 509,000 ARB, valued at approximately 710,000 USD. (source link)

ChainCatcher news, according to Spot On Chain data, 2,693,961,178 ARB (approximately $3.72 billion) were transferred today from the Arbitrum belonging address (starting with 0x148440) and distributed to 145 addresses. Among them, the address starting with 0x7ff89e received the largest amount of ARB, totaling 72,428,835 ARB (approximately $99.95 million), making it the 8th largest holder of ARB. The distribution process was conducted through the intermediary wallet 0x1e7016, and there are still 4.17 million ARB (approximately $5.76 million) yet to be allocated.It is reported that according to the Token economic model previously announced by Arbitrum, 26.94% (2.694 billion) of the initial total supply will be allocated to the Offchain Labs team / future team and advisors, so the ARB transferred today may belong to the allocation for the team and advisors. (source link)

ChainCatcher news, the Arbitrum Foundation announced that it will airdrop governance tokens coded as ARB to its community members on March 23. The airdrop will account for 12.75% of the total token supply, and the tokens will be distributed to those who have used the network in the past year.The token will govern the Arbitrum One and Nova networks through a DAO, which will be supported by a security council. The airdrop will allocate 11.5% of the total supply to Arbitrum users, with an additional 1.25% allocated to DAOs and the Protocol Guild within the Arbitrum ecosystem, which is a DAO composed of Ethereum developers. The majority of the supply will go to the Arbitrum Foundation, which will be controlled by the newly established Arbitrum DAO.Offchain Labs also released Arbitrum Orbit, a way for developers to build Layer 3 networks on top of Arbitrum. Offchain Labs further supports the construction of Layer 3 networks on Arbitrum. (Source link)