Arbitrum is the custom netwrok under Ethereum mainnet designed to bring new features to the ETH without awaiting "ETH2". Fees on Arbitrum will be paid on ETH on layer-2, with proclaimed 50x reduction in fees compared to the Ethereum mainnet.
Arbitrum One is live since 1 Sept 2021
How to connect Arbitrum with Metamask (add custom RPC)
You can connect to the Arbitrum using the following Metamask settings:
- Network Name: Arbitrum One
- New RPC URL: https://arb1.arbitrum.io/rpc
- ChainID: 42161
- Symbol: AETH
- Block Explorer URL: https://arbiscan.io
Whenever you visit relevant web3 website pick Arbitrum network in your Metamask to be connected under Arbitrum and interact with all those DeFis standing on Arbitrum (bridge, DEX, farming, other stuff)
How to get ETH on Arbitrum?
Arbitrum has the ability to trustlessly move assets from Ethereum to Arbitrum One and back, including ETH, ERC-20 tokens and ERC-721 (NFT) tokens.
For ERC-20 tokens, the Arbitrum bridge can function as a pair contract, where depositing a token escrows the token in an L1 bridge contract, and minting the same amount at the paired token contract on L2.
Head over to the Arbitrum Bridge to get started.
ArbiBomb (ArbiB) - one of the first tokens natively created on Arbitrum layer and first ever deflationary token.
Follow r/ArbiBomb
ArbiBomb is the first deflationary token on Arbitrum ever. Following the classic BOMB mechanics of the original token on ETH, 1% of every transaction ends up getting burned whether itβs a buy, sell or transfer. Besides a fair distribution, locked liquidity, motivated leadership and an embracing community, ArbiBomb will attempt to branch out into other parts of the Arbitrum ecosphere. The options are plenty; NFTs, staking and even token exchanges.
Verified Contract Address - https://arbiscan.io/token/0x631e77a55a6ddf7b9a95d5a1a1bcab6d938c6747
Sushiswap (must be connected via Arbitrum) - https://app.sushi.com/swap?inputCurrency=&outputCurrency=0x631E77a55a6dDf7b9a95D5a1a1bCaB6D938C6747
Proof of Liquidity being BURNED (4.8 ETH) - https://arbiscan.io/token/0xb0a5b5649104ccf27f9d14e23894c025c21fd4b5
The Official Site (just came up, will be worked on) - http://arbibomb.io/
The Official Twitter - https://twitter.com/arbibomb
The Official Telegram - https://t.me/arbibomb
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