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Most people hear "ex-SushiSwap CTO building an order-book DEX" and see alpha....
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Fear
Market Sentiment
Team and early investor shares released
Raises validator limit and account abstraction
Block reward halving event
Circulating supply increases by about 2%
92 million ARB released
Block reward reduced to 3.125 BTC
Independent validator client goes live on mainnet
Improves data availability sampling efficiency
Bitcoin Season