March 23rd! Arbitrum announces airdrop rules, how to get Arbitrum airdrop?
The initial total supply of Arbitrum tokens is 10 billion, with a maximum annual inflation rate of 2%. 12.75% of the initial total supply will be airdropped to Arbitrum users and DAO treasury building applications on March 23.
Visit this link to check your Arbitrum airdrop allocation.
Source: Arbitrum Foundation
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Compiled by: Karen, Foresight News
Tonight, Arbitrum officially announced the launch of DAO governance and governance token ARB for Arbitrum One and Arbitrum Nova networks, along with the eagerly anticipated airdrop details, and eligibility checks for the airdrop are now open.
The Arbitrum token ARB has an initial total supply of 10 billion, with a maximum annual inflation rate of 2%. Regarding token airdrops, 11.62% of the initial total supply will be airdropped to Arbitrum users, and 1.13% will be airdropped to DAO treasuries building applications on Arbitrum. The airdrop snapshot was taken on February 6 (Arbitrum One block 58642080). The specific token distribution is as follows:
42.78% (4.278 billion tokens) to the Arbitrum DAO treasury;
26.94% (2.694 billion tokens) allocated to the Offchain Labs team/future team and advisors;
17.53% (1.753 billion tokens) allocated to Offchain Labs investors;
11.62% (1.162 billion tokens) distributed to Arbitrum users through airdrops;
1.13% (113 million tokens) allocated to DAOs building applications on Arbitrum (via airdrops).
Regarding airdrop eligibility, Arbitrum has established a scoring system with a maximum of 15 points. The scoring criteria mainly track user activities on Arbitrum One; a small portion of the criteria applies to activities on Arbitrum Nova, where Arbitrum Nova users can earn 4 points (an additional 1 point if they have earned 4 points or more on Arbitrum One).
Table of Contents
- Bridge funds to Arbitrum One;
- Trade in two different months;
- Trade within six different months;
- Trade within nine months;
- Execute more than four trades or interact with more than four different smart contracts;
- Execute more than ten trades or interact with more than ten different smart contracts;
- Execute more than 25 trades or interact with more than 25 different smart contracts;
- Execute more than 100 trades or interact with more than 100 different smart contracts;
- Total transaction value exceeds $10,000;
- Total transaction value exceeds $50,000;
- Total transaction value exceeds $250,000;
- Deposit over $10,000 in liquid funds into Arbitrum;
- Deposit over $50,000 in liquidity to Arbitrum;
- Deposit over $250,000 in liquidity to Arbitrum;
- Bridge funds to Arbitrum Nova;
- Execute more than three trades;
- Execute more than five trades;
- Execute more than ten trades.
Arbitrum also enforces some anti-sybil rules, including:
- Subtract 1 point if all wallet transactions of the airdrop recipient occur within 48 hours.
- Subtract 1 point if the airdrop recipient's wallet balance is less than 0.005 ETH and the wallet has not interacted with more than one smart contract.
- Disqualify the recipient if the wallet address is identified as a Sybil address during the Hop Protocol bounty program.
Regarding DAO airdrops, Arbitrum allocates separate airdrops (initial total supply of 1.13%) to DAOs building applications in its ecosystem and the Ethereum contributor organization Protocol Guild. These airdrop tokens are weighted based on various factors, including the project's duration on Arbitrum, on-chain TVL, whether the project is native to Arbitrum, and if the project operates using actual on-chain funds.
(This article is authorized for reprint from Foresight News, Foresight News is a Chinese content platform in the Web3 vertical field, adhering to the basic principles of "objectivity" and "neutrality," dedicated to creating a Chinese gateway to the Web3 world.)
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