Arbitrum’s Timeboost Propels Altcoin Growth with Innovative Bidding Strategy
2025-07-04 08:42:52
Main Idea
Arbitrum's Timeboost mechanism enhances transaction prioritization and network efficiency, contributing $2 million to the Arbitrum DAO treasury and fostering liquidity in the blockchain.
Key Points
1. Timeboost allows users to bid for priority on an express lane, reducing network spam and improving transaction efficiency.
2. The mechanism has generated $2 million in fees, bolstering the Arbitrum DAO treasury, which holds 3.5 billion ARB coins valued at approximately $1.3 billion.
3. During peak DeFi trading periods, 20-30% of daily transactions utilize the express lane, enhancing liquidity on Arbitrum One and Arbitrum Nova.
4. Timeboost helps mitigate issues caused by MEV seekers and ensures fair transaction valuation by using a second-highest bid system.
5. The system provides a sustainable income model for the Layer-2 network through Layer-1 and Layer-2 fees.
Description
Arbitrum's Timeboost collected $2 million in fees within three months. Users bid for transaction priority, enhancing efficiency and reducing congestion. Continue Reading: Arbitrum’s Timeboost Propels Altcoin Growth with Innovative Bidding Strategy The post Arbitrum’s Timeboost Propels Altcoin Growth with Innovative Bidding Strategy appeared first on COINTURK NEWS .
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