⬜️ #News PancakeSwap Integrates Chainlink’s Oracle into the Arbitrum Network - PancakeSwap integrates Chainlink Data Streams and Automation into Arbitrum, improving prediction markets with up-to-date and secure data. - This collaboration stands out for its ability to offer sub-second price resolution and advanced frontrunning protection. PancakeSwap, one of the most popular decentralized exchange platforms, has just announced an integration with Chainlink Data Streams and Automation on the Arbitrum core network. This alliance is shaping up to be a breakthrough in the world of decentralized finance (DeFi), offering users access to up-to-date, high-frequency price data, essential functions for trading in the prediction markets to be launched on Arbitrum.

🟪 #1 Optimistic Rollup Arbitrum relies on the Optimistic Rollup technology (used to scale Ethereum). A bundle of transactions from L2 (Arbitrum) is formed into a batch and sent to L1 (Ethereum), where it is then approved by validators. Batch sending and validation are designed so that Ethereum nodes are not executing every L2 transaction as in the case of L1, so throughput is much higher and transactions are cheaper.

🟦 #3 Arbitrum Governance Governance token launch Ownership of governance tokens represents membership within the DAO. Token holders can vote on DAO proposals. Arbitrum's governance token is $ARB, and will be distributed to eligible wallet addresses via an upcoming airdrop.

🟦 #2 Arbitrum Governance DAO formation The Arbitrum DAO (decentralized autonomous organization) is a new entity with decision-making authority over the Arbitrum One and Arbitrum Nova chains, along with their underlying protocols. This DAO is governed by The Constitution of the Arbitrum DAO, which is a set of rules that describe how the DAO will operate. The Constitution is enshrined within a number of social contracts that are used by the Arbitrum DAO to govern itself and its technologies.

🟦 #1 Arbitrum Governance Web3 technologies (like Arbitrum's protocols and chains) are often built initially by corporations governed by a board of directors. Once these technologies achieve product-market fit and a community of users and stakeholders develops, decision-making authority can be gradually decentralized. This is called progressive decentralization, and it's what Arbitrum is doing.