Offchain Labs co-founder Steven Goldfeder confirmed that the split allocates 8% of net revenue to the tokenholder-controlled Arbitrum DAO treasury, while the remaining 2% is earmarked for ecosystem development. This model applies to chains deployed under the Arbitrum Expansion Program, distinct from the primary Arbitrum One network, where 100% of fees remain within the local treasury.
Robinhood Chain, which went live on July 1, operates as an Ethereum Layer 2 built on Arbitrum technology. The network is designed to facilitate tokenized stocks, real-world assets, and decentralized finance tools. By integrating with Robinhood Wallet, the chain allows users to bridge assets from Ethereum, Solana, and other networks to engage in swaps and equity trading. The initial testnet phase saw significant activity, processing over 4 million transactions before the official mainnet rollout.

Comments (0)
No comments yet. Be the first!