仲裁宣布回购计划在价格下降的情况下获取ARB代币

仲裁宣布了一项战略回购计划，在价格下降的情况下，以获取ARB代币。其支持公司Offchain Labs标志着一个重大举动

Amid a prolonged price decline and a forthcoming token unlock, Arbitrum announced a strategic buyback plan to acquire ARB tokens. Its backing company, Offchain Labs, is making a significant move to strengthen its commitment to the ecosystem.

在价格延长的价格下降和即将到来的代币解锁的同时，仲裁宣布了一项战略回购计划，以获取ARB代币。它的支持公司Offchain Labs正在做出重大举措，以加强其对生态系统的承诺。

The buyback comes as ARB has lost over 85% from its all-time high (ATH) and continues to lose ground.

回购是因为ARB从历史最高的高高（ATH）损失了85％以上，并且继续失去了自己的地位。

Arbitrum Announces Buyback Program

仲裁宣布回购计划

In a post on X (Twitter), Offchain Labs highlighted that the initiative marks the continued development of Arbitrum’s ecosystem. According to the firm, technical advancements and strategic DAO initiatives are the main drivers for the Arbitrum network.

在X（Twitter）上的一篇文章中，Offchain Labs强调说，该计划标志着Nixum的生态系统的持续发展。根据公司的说法，技术进步和战略性DAO计划是仲裁网络的主要驱动力。

“We’re reinforcing our commitment to the ecosystem and strengthening our alignment by adding ARB to our treasury through a strategic purchase plan,” the company stated.

该公司表示：“我们通过战略购买计划将ARB添加到财政部中，加强对生态系统的承诺，并加强我们的一致性。”

The firm also assured the community that purchases would follow predetermined parameters to ensure sustainability.

该公司还向社区保证，购买将遵循预定的参数，以确保可持续性。

Meanwhile, this announcement comes just days before Arbitrum’s token unlock event. According to data on Tokenomist, the Arbitrum network will unlock 92.65 million ARB tokens, currently valued at $30.75 million. These tokens comprise 2.1% of the ARB circulating supply.

同时，这一公告是在仲裁的代币解锁活动之前几天。根据有关令牌主义者的数据，仲裁网络将解锁9265万ARB令牌，目前价值3075万美元。这些令牌占ARB循环供应的2.1％。

Thus, Offchain Labs’ buyback announcement coincides with this token unlocks event, with the plan to purchase ARB likely aiming to absorb the anticipated supply shock. A recent report suggests that 90% of token unlocks drive prices downward.

因此，OffChain Labs的回购公告与该代币释放活动相吻合，购买ARB的计划可能旨在吸收预期的供应冲击。最近的一份报告表明，有90％的令牌将价格推向下降。

However, not everyone is convinced that buybacks are the right strategy. Yogi, a well-known wallet maxi, expressed criticism of the move, asserting that such a strategy lacks long-term vision. He drew a comparison to traditional equity markets, where excessive buybacks often indicate a slowdown in innovation.

但是，并非所有人都坚信回购是正确的策略。著名的钱包长尾瑜伽士对这一举动表示了批评，他断言这种策略缺乏长期的视野。他与传统股票市场进行了比较，在这些市场中，过多的回购通常表明创新放缓。

“Pure buybacks alone feel uninteresting and short-sighted—they create scarcity without driving long-term growth or strategic value,” Yogi wrote.

Yogi写道：“仅纯粹的回购就会感到无趣和短视 - 它们造成了稀缺性而不会推动长期增长或战略价值。”

He suggested a more diversified approach, proposing a framework where 30% of the treasury should be allocated to strategic buybacks and OTC (Over-the-Counter) deals. Another 30% is directed toward liquidity provision to attract institutional players, and 20% is allocated for a yield-generating treasury for stable dividends.

他提出了一种更加多元化的方法，提出了一个框架，其中应将30％的财政部分配给战略回购和OTC（非处方）交易。另有30％的人用于吸引机构参与者的流动性提供，而20％的人分配了稳定股息的产生债务财政部。

Yogi also suggested 15% for ecosystem investments and 5% for a protocol insurance fund. In their view, this diversified strategy would better align incentives and enhance the protocol’s long-term sustainability.

Yogi还建议生态系统投资15％，协议保险基金为5％。他们认为，这种多元化的战略将更好地调整激励措施并增强协议的长期可持续性。

Criticism Over Buybacks As ARB Price Struggles

作为ARB价格挣扎的回购的批评

Patryk, a researcher at Messari Crypto, shared similar thoughts. He noted that while such structured plans are beneficial, they can be difficult to formulate at the outset of a buyback initiative. He suggested that Arbitrum remain flexible and deploy funds into strategic areas over time rather than committing to a rigid framework.

Messari Crypto的研究人员Patryk分享了类似的想法。他指出，尽管这种结构化计划是有益的，但在回购计划开始时，它们可能很难制定。他建议，随着时间的推移，索赔保持灵活，并将资金部署到战略领域，而不是致力于僵化的框架。

“I think projects will do this eventually. It’s just difficult to announce a concrete plan for the funds at the beginning of buybacks, like those that Arbitrum just announced. Remain flexible,” the researcher suggested.

“我认为项目最终会这样做。在回购开始时，很难宣布资金的具体计划，就像刚刚宣布的仲裁计划一样。保持灵活性。”研究人员建议。

Despite the ongoing debate, the buyback announcement and token unlocks come as Arbitrum is experiencing renewed market attention. The ARB token recently received a listing on the Robinhood platform.

尽管有持续的辩论，但随着仲裁正在引起市场的重新关注，回购公告和代币的解锁是出现的。 ARB令牌最近在Robinhood Platform上收到了一份清单。

While the move had a temporary impact on boosting the ARB price, it failed to sustain a lasting uptrend. Additionally, Arbitrum has gained significant community support for its BoLD proposal. As BeInCrypto reported, the governance initiative aims to further decentralize decision-making and enhance network security.

尽管此举对提高ARB价格产生了暂时的影响，但它未能维持持久的上升趋势。此外，仲裁对其大胆的提议获得了重大的社区支持。正如Beincrypto报道的那样，《治理计划》旨在进一步分散决策并增强网络安全。

Although Offchain Labs’ buyback plan signals confidence in the project, questions remain about whether it is sufficient to revitalize ARB’s market momentum. The broader sentiment around ARB remains cautious, considering the massive token unlocks that are still to come and their potential impact on the price.

尽管OffChain Labs的回购计划信号对该项目的信心仍然存在，但仍然存在有关是否足以振兴ARB的市场势头的问题。考虑到仍将来临的大量令牌解锁以及它们对价格的潜在影响，ARB周围的更广泛的情绪仍然谨慎。

“I think now may be a good time to short. Or sell. Or both,” Yogi remarked.

“我认为现在可能是简短的好时机。或出售。或两者兼而有之。”瑜伽士说。

As Arbitrum reaches a crossroads, the effectiveness of this buyback strategy in revitalizing investor confidence and driving long-term growth will be closely observed. The discussion around strategic reinvestment versus pure buybacks continues to shape the narrative around Arbitrum’s future.

随着仲裁到达十字路口，将仔细观察到这种回购策略在振兴投资者信心和推动长期增长方面的有效性。围绕战略再投资与纯回购的讨论继续塑造围绕仲裁未来的叙事。