Note: This article comes from @NintendoDoomed Twitter, and MarsBit organizes it as follows:
Detailed explanation and quick valuation of $ARB token economics
Initial total amount: 10B (the total amount is not the circulation)
Inflation: up to 2% per annum
Forging and destruction mechanism: L2 can only contract
Can be bridged to L1 : Yes
Tokens issued on: Arbitrum One
On-chain governance at: Arbitrum One
Airdrop snapshot time: February 6, 2023
The initial token distribution is as shown in the figure below, and the estimated initial circulation
1. User
2. Ecological developers (ie DAOs)
3. A small part of treasury, team and investors
Estimated to be between 1-2B
Valuation:
Benchmarking$OP
Circulating market value = 0.8B
Full circulation market value = 10.5B
$Matic $Sol The full circulation market value is also around $10B
Arbitrum's TVL has been 1.7 times that of OP without incentives, achieving vigorous organic growth.
If the OP is given 2 times the FDV, it is 21B, and the corresponding token price is $2.1.
Reasons for higher valuation: L2 leader, rare organic growth and healthy ecology, relatively high certainty
The reason for the lower valuation: The airdrop boutique account is not much different from the Lumao account, and the initial circulation is relatively high, which may lead to greater initial selling pressure.
Addendum: $ARB Token Economics Documentation
https://docs.arbitrum.foundation/airdrop-eligibility-distribution
