@arbitrum Can someone explain to me why https://t.co/nuEnhsJsI5 did not immediately announce their OTC trading of the ARB token? Is this done on purpose to prevent users from selling tokens profitably on the first day? I sold my ARB for 0.9$ which I regret very much now
2/6 Before we continue, let’s clarify that this allocation does not come from the Arbitrum DAO treasury, nor from the Foundation wallet. It was part of the initial airdrop token distribution, set aside separately until all of the DAO treasury wallets were collected and verified.
1/6 When the Arbitrum DAO was announced, there was an initial 1.13% token allocation of the ARB airdrop supply set to be given to a list of qualifying DAOs in the Arbitrum ecosystem.
As mentioned in the following docs:
https://t.co/GBMKob8BAy
Details below🧵👇
@arbitrum Can someone explain to me why https://t.co/nuEnhsJsI5 did not immediately announce their OTC trading of the ARB token? Is this done on purpose to prevent users from selling tokens profitably on the first day? I sold my ARB for 0.9$ which I regret very much now