Next week, on March 23, the Arbitrum project will conduct a drop of its ARB token for members of its community. ARB token holders will have the ability to vote on key decisions related to managing Arbitrum One and Arbitrum Nova. The company states that the tokens will be distributed to users who have used the network over the past year.

Steven Goldfeder, CEO of Offchain Labs, the creator of Arbitrum, emphasized that the goal of releasing the token is to transfer control to community members and identify true participants who are still active. He also noted that this is the only way to achieve decentralization.

According to the company's statement, 11.5% of the total token supply will be distributed to Arbitrum users, while the remaining 1.25% will go to the DAO in the Arbitrum ecosystem and the Protocol Guild. The remaining tokens will be transferred to the treasury, which will be controlled by the new Arbitrum DAO. ARB token holders will be able to vote on the distribution of these funds. Investors and Offchain Labs employees will receive the remaining 44% of tokens.

Steven Goldfeder noted that Offchain Labs did not collaborate with any centralized exchange to list the Arbitrum token. The snapshot for the airdrop was taken a few weeks ago in collaboration with Nansen. However, users can already check their balances, and they will be able to receive tokens in a week.

To get more information about the drop and check your balance, visit https://arbitrum.foundation/. Overall, this initiative will allow for an increase in the level of decentralization of Arbitrum and confirm true community participants.