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    $ARB DAO Allocation

    1.13% of ARB Allocations have been sent to DAOs within the Arbitrum ecosystem. If you were the Arbitrum Foundation, how would you allocate these tokens across DAO users, and why? First analyze the top DAOs within the arbitrum ecosystem. Then, provide reasoning through on-chain data as to why they should receive an allocation and how much?

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    Hi I am arash. in this analysis we are going to examine what DAO are more worthy to allocate ARB tokens. First we should explore some concepts.

    What is Arbitrum?

    Arbitrum is an Eth layer2 scaling solution that supports smart contracts without the limitations of scalability and privacy. Users enjoy low transaction fees and less congestion on Arbitrum. Arbitrum allows developers to create smart contracts by using code to specify the behavior of a virtual machine (VM) that implements the contract’s functionality. Additionally, developers can use Arbitrum for dramatic improvements in scalability and privacy.

    Read more: https://www.alchemy.com

    What Is a Decentralized Autonomous Organization (DAO)?

    A decentralized autonomous organization (DAO) is an emerging form of legal structure that has no central governing body and whose members share a common goal to act in the best interest of the entity. Popularized through cryptocurrency enthusiasts and blockchain technology, DAOs are used to make decisions in a bottom-up management approach.



    Read more:https://www.investopedia.com/

    Introduction