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Arbitrum to Distribute $6.2 Million in ETH Tokens to Its Decentralized Autonomous Organization (DAO)

Arbitrum, a popular Ethereum layer-2 blockchain, has announced that it will distribute nearly $6.2 million worth of ETH tokens to its decentralized autonomous organization (DAO). The funds to be collected are base fees and surplus revenue generated from network transactions, and ARB holders must claim the rewards. 

The revenue breakdown reveals that around 582 ETH of surplus funds generated from the L1 fee, nearly 1,308 ETH from base fees, and 1,462 ETH surplus from the L2 fee, which represents revenue of 3,352 ETH for Arbitrum's DAO.

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