Scalability of Ethereum Decentralised autonomous organizations (DAOs) in  the Arbitrum ecosystem has received a distribution of ARB tokens valued  at $120 million.

Several top Ethereum analytics companies, including Nansen, Arkham, and  LookOnChain, indicated that there had been almost 100 million ARB  transfers to addresses of qualified protocols.

113 million ARB tokens, which are first allotted to 125 DAOs and are currently valued at $148 million, are awarded to them.