What you'll learn 👉
- Arbitrum will distribute 100 million ARB in a 12-month staking program
- Rebel Satoshi promotes revolutionary objectives in meme coins
Arbitrum has put together several initiatives to boost its recently launched ARB. After a huge token unlocks soon after release, users can access 100 million ARB in staking rewards.
Despite this huge financial incentive, some investors have considered switching to a new rising crypto asset. Judging by its fast-moving presale, it may be the best cryptocurrency to buy today. Learn more as we look at the latest developments for Arbitrum.
Arbitrum DAO Approves Proposal to Distribute 100 Million ARB as Staking Rewards
Following a massive token unlock in April this year, a proposal to release more ARB has received the green light. This will happen via staking, encouraging long-term holders, greater network strength, and financial benefits.
A proposal was recently passed (with voting ending on November 06, 2023), where 67% of users vouched for a staking program. Stakers are set to receive a share of 100 million ARB over the next 12 months. Interestingly, voters decided on a lower tier of ARB, declining options for 150 million and 175 million.
A smaller amount makes sense, given that Arbitrum has an uncapped supply. Considering the blockchain plans to unlock $1.2 billion worth of ARB in March 2024, it would want to curb inflation.
Fortunately, ARB remains steady on the charts and is one of the altcoins to buy. While down by 16% from its $1.22 monthly high (now $1.02), it had risen 61% to reach it. Based on forecasts, Arbitrum will likely trade in the $1.50-$2 figure span or higher in 2024.
So, what was the project teased earlier? Let’s present Rebel Satoshi ($RBLZ).
A Revolutionary Meme Coin In Rebel Satoshi
Can a crypto project be revolutionary while being fun and rewarding for users? This is the essence of Rebel Satoshi. It’s a meme coin grounded on the rebellion of Guy Fawkes and, of course, Satoshi Nakamoto. Like its symbolic figures, the project wants to ignite defiance in the silent majority oppressed by centralized structures. Ultimately, the goal is decentralization and unity while upholding meme culture that celebrates it.
The latter will happen with the Rebel Meme Hall of Fame, an exclusive space for early adopters to share their best rebel-themed memes. But this is only available to those joining Rebel Satoshi as one of its earliest members.
Owning the project’s utility token, $RBLZ, is how you get involved with Rebel Satoshi. Unlike ARB, $RBLZ has a deflationary fixed supply of 250 million, meaning no inflation and better value appreciation. Users can earn impressive returns from staking while solidifying the network.
$RBLZ is also an enabler to make your mark in Rebel Satoshi‘s soon-to-be trending NFTs collection. This is a treasure trove of 9,999 unique collectibles and digital art characters, the rarest being the ‘Recusant.’
The first step is buying $RBLZ in Rebel Satoshi‘s presale for a low $0.010. In honor of Guy Fawkes’ Bonfire Night, unsold tokens will be ‘burnt‘ after the presale. Current buyers can expect a 150% return as $RBLZ will be worth $0.025 during this time.
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