important point
- Arbitrum is airdropping native tokens.
- Airdrop eligibility is based on a variety of factors, including multiple months of use of the Arbitrum One or Arbitrum Nova.
- Airdrops will be billable on March 23rd.
share this article
After months of enthusiastic anticipation, Arbitrum is finally ready to airdrop its native token ARB. Here’s what you should know:
Airdrops can be claimed by March 23rd
The Arbitrum community is delighted.
Ethereum Layer 2 Solution Arbitrum Finally announced Today, we announced the airdrop of our long-awaited governance token, ARB, to the network’s early users.
“After years of development and about 18 months of operation on the mainnet, the Arbitrum Foundation is very excited to announce the initiation of DAO governance for the Arbitrum One and Arbitrum Nova networks. It’s a giant leap in the decentralization of one network.” plan.
Airdrop eligibility was determined by many factors. Bridge to Arbitrum One or Arbitrum Nova, trade on the network for months, interact with multiple smart contracts, execute trades over $10,000 and liquidity to various protocols. Upon completion of any of these steps, the user is guaranteed a portion of the ARB airdrop, increasing the size of the allocation based on the number of criteria met.
the user is already Official website Arbitrum indicated that 11.62% of the total token supply will be used for airdrops. Arbitrum DAO’s Treasury will receive 42.78% of the supply and the team and its advisors will receive 26.94% of his. , the investor is 17.53% and his DAO in the Arbitrum ecosystem is 1.13%.
The arbitrum is One of many crypto projects– Optimism, Polygon, zkSync, StarkNet, etc. – aim to make transactions on the Ethereum network more affordable by outsourcing computational data and then sending proofs of legitimacy back to the mainnet. This scheme saves block space, allows transactions to be batched together, and splits gas fees among many users, while further reducing the amount of data committed to the mainnet.
Disclosure: At the time of writing, the author of this work owned BTC, ETH, and several other crypto assets.