Offchain Co-founder Clarifies: Remaining Locked ARB Only Accounts for 7.7% of Total Supply, Rest Mainly Held by DAO Treasury
PANews, September 6 - Offchain Labs co-founder Steven Goldfeder posted on X to clarify that there is a significant misunderstanding in the market regarding the supply structure of ARB tokens, with some data also counting DAO-held tokens as "locked." The unlocking schedule for ARB investors and team members is nearly complete and is expected to be fully unlocked by March next year, at which point the remaining locked tokens will account for only about 7.7% of the total ARB supply.
Steven Goldfeder added that the remaining large amount of ARB is actually stored in the Arbitrum DAO treasury, with the DAO currently holding approximately 2.84 billion ARB. These tokens are not locked in the traditional sense, but their circulation is entirely determined by votes from ARB holders, and the DAO can only access these assets through governance votes by other token holders.
Source: PANews