To claim the Arbitrum airdrop, you need to be eligible based on the points you earned according to the criteria outlined by the team. If you are eligible, you can follow the steps below to claim your Arbitrum airdrop. Furthermore, Arbitrum is attempting to encourage more users to join its ecosystem by stating its intention to initiate more airdrops for users who continue to use the Arbitrum ecosystem. As you prepare for the Arbitrum airdrop, it’s essential to look ahead and consider the crucial steps to take after the event. Here are several factors to consider to ensure you make the most of your newly acquired tokens. All criteria will be disqualified if you received fewer than three points.
The Arbitrum airdrop was a significant event that rewarded early adopters of the Arbitrum One and Arbitrum Nova networks. The criteria for eligibility were focused on various actions taken by users on these networks, and the airdrop token allocation was determined based on the number of points earned. The fact that points earned before the launch of Arbitrum Nitro were worth twice as much as points earned after added an sending and receiving bitcoin extra incentive for early adopters to participate. Although Arbitrum delayed launching its governance token, most people are still looking forward to theArbitrum Airdrop.
Claiming the Arbitrum Airdrop Token
The connected wallet allows you to collect the airdrop tokens and carry out other activities and transactions on the platform. The median airdrop size is 1,250 ARB tokens, with more than 245,000 addresses, out of the total 625,143 eligible addresses, falling into this the 10 easiest programming languages to learn range. On the high end of the spectrum, just over 4,400 addresses will be eligible to claim the maximum amount at 10,250 ARB tokens.
Each user will receive a certain number of tokens according to a point system devised by the Arbitrum team. In order to qualify, a user must have a minimum of three points while the maximum number of points is capped at 15. A single address is permitted to receive a maximum of only 10,200 tokens.
Arbitrum does this by offloading computation and data storage from the main chain. First, is bitcoin legal bitcoin guides the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place.
How to claim Arbitrum ($ARB) token faster?
The value can range from US$50 to US$10,000 depending on how extensive your interactions within the Arbitrum ecosystem was. As the airdrop date approaches, it is necessary to exercise caution, particularly if you are eligible, to ensure you are using the right method and not falling prey to scammers. Wallets identified as a sybil address under Hop Protocol’s Bounty Program, were also completely disqualified from receiving the airdrop. Mark your calendar for March 23, 2023, as the Arbitrum token airdrop goes live. You will be able to claim the number of tokens shown once the system goes live on March 23rd.
Will there be another Arbitrum $ARB token airdrop?
But for Arbitrum, it has its own virtual machine called Arbitrum Virtual Machine (AVM). ARB holders can vote on key decisions that will govern Arbitrum One and Arbitrum Nova with the introduction of the ARB token. This article will try to introduce the details of Arbitrum airdrop eligibility and how to claim it. The first thing to do to participate in Arbitrum Airdrop is to visit the Arbitrum airdrop page, where you can connect your wallet with the Connect Wallet option.
- Arbitrum is an Ethereum layer-2 scaling solution created to improve the scalability and performance of the Ethereum smart contract.
- You will be able to claim the number of tokens shown once the system goes live on March 23rd.
- If an address only became fully eligible (minimum of three points) post-nitro, all points scored counted as post-nitro points.
- ARB, the native token of the Arbitrum, will essentially function as a governance token and be used to cast votes on proposals that are essential to the functioning of the network.
The remaining 4.447 billion tokens will be subjected to a four-year lockup, with the first unlock occurring one year after the upcoming airdrop, on 23 March 2024. Subsequent unlocks will take place monthly, with the final unlock on 23 March 2027. The team has since then expanded to a global community of developers, academics and operators, with deep experience in cryptography, decentralized systems, and game theory. Check out our LayerZero Airdrop Guide for another highly anticipated token airdrop. Avoid giving out your private keys or personal information to anyone claiming to help you claim the airdrop. We’ve covered Arbitrum extensively in the past, and if you have been following our guides, you would have benefitted from the airdrop.
According to the Arbitrum Foundation, the snapshot for the genesis airdrop has already been taken on February 6 and no further snapshots will be taken. So, if you have interacted with the Arbitrum network on or before that, you are most probably eligible for the airdrop. Its all-time high price was US$8.67, and an all-time low of US$1.11. Arbitrum is developed by Offchain Labs, a New York-based startup committed to building innovative Ethereum scaling solutions. The company originated from the computer science research department of Princeton University, co-founded in 2018 by Harry Kalodner, Steven Goldfeder, and Ed Felten.