Offchain Labs Co-Founder Says ARB Unlocks Near Completion, DAO Holds 2.84 Billion Tokens

Offchain Labs co-founder Steven Goldfeder said market data has overstated ARB’s locked supply by counting tokens held by the DAO as locked. According to Odaily, he said investor and team unlock schedules are nearly complete and are expected to finish by next March, leaving locked tokens at about 7.7% of ARB’s total supply. Goldfeder added that Arbitrum DAO currently holds about 2.84 billion ARB. He said these tokens are not locked in the traditional sense, but their use is controlled by governance votes from ARB holders.