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EGC999📊
Bought some $ARB at a high price, mainly because Robinhood chain today for the first time returned revenue back to the Arbitrum ecosystem.
Robinhood is an Ethereum L2 built on Arbitrum Orbit, and 10% of the protocol's net revenue is shared with Arbitrum.
Robinhood is so popular now, its revenue yesterday already exceeded $2 million. At this level, it can bring Arbitrum's protocol revenue to hundreds of millions of dollars.
Of course,such popularity can't last forever; it will fall back once it
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