The native token for YachtingVerse is YACHT and will be used as the currency in YachtingVerse. Token holders will be known as Yachters. Access to YachtingVerse will be free to all whether you’re a Yachters or not. The $YACHT 2.0 token is the ERC20 token on the Arbitrum One .
What is Arbitrum?
Arbitrum is a pioneer in Ethereum-based Layer 2 scalability solutions. Ethereum’s slow transaction times and high gas fees posed significant challenges, especially for DeFi projects. Arbitrum addresses these issues by providing faster and more cost-effective transaction processing, allowing users to have a more efficient and effective experience on the YachtingVerse platform.