MakerDAO Arbitrum Bridged DAI (Arbitrum One) is a stablecoin cryptocurrency that operates on the Arbitrum network, a layer 2 scaling solution for Ethereum. DAI is pegged to the US dollar and maintains its value through a system of collateralized debt positions. Users can bridge their DAI tokens between the Ethereum mainnet and Arbitrum network to take advantage of faster and cheaper transactions. Arbitrum One aims to provide a more efficient and scalable platform for DAI transactions while leveraging the security of the Ethereum network.