Arbitrum airdrop is now live heres how to claim it by Stakingbits Stakingbits

Arbitrum has refrained from revealing the full list of airdrop recipients. However, you can check your eligibility quickly through Arbitrum’s official website. The team has also provided the essential criteria and data set, allowing users to independently assess buybsv com expands to seven new countries the process’s fairness and precision. To claim your ARB tokens, you’ll need a wallet that’s compatible with the Ethereum network. While Newton isn’t affiliated with or endorses any particular wallets, there are many examples of such wallets including MetaMask, MyEtherWallet, and Trust Wallet. To ensure your eligibility to claim the airdrop, please connect the same wallet that you regularly use to interact with the Arbitrum network.

Arbitrum Is an Exciting Ethereum Project

• It is already a popular Ethereum Layer 2 solution with many users and supporters worldwide.
• Both Arbitrum One and Optimism are so-called Optimistic rollup networks.
• Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.
• The number of tokens you receive from the ARB airdrop will depend on your eligibility score, based on the number of criteria you meet.
• If you’re eligible, you should be able to follow the onscreen instructions and click claim, and the tokens will be deposited into your wallet.

The number of tokens you receive from the ARB airdrop will depend on your eligibility score, based on the number of criteria you meet. If you have fewer than three points, you won’t be eligible to earn any amount from the airdrop. Depending on the number of points users have, they can earn between 621 ARB and 10,250 ARB, the maximum number of tokens that can be allocated to a wallet.

The Arbitrum Foundation and DAO will dispense the remaining community-owned tokens gradually. Meanwhile, 44% of the total token supply will be allotted to investors and essential contributors. Arbitrum is an Ethereum layer-2 scaling solution created to improve the scalability and performance of the Ethereum smart contract. The network has been under the sole authority of Offchain Lab since its introduction in August 2021.

On March, 23, 2023, 1.162 billion ARB tokens will be airdropped to individual wallets, representing 11.62% of the total token supply of the ARB token, which sits at 10 billion tokens. Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains. Both Arbitrum One and Optimism are so-called Optimistic rollup networks. The other 44% of ARB’s circulation will go to the investors and employees of Offchain Labs – the development firm that built Arbitrum. While the ARB token airdrop is only a matter of hours away, it’s still important that you do your own research (DYOR) on this and other kinds of airdrops. DYOR will not only help to protect you from scammers but it can also help you to make better financial decisions.

How to claim your Arbitrum airdrop directly from the contract

Simply put, Arbitrum seeks to expand Ethereum’s smart contracts capability by improving its scalability and speed while still offering auxiliary privacy features. Here’s a breakdown of everything you need to know about Arbitrum and its airdrop in case you want to participate. And if you are looking to participate, you can easily check your eligibility using Trust Wallet. The initial step is to pinpoint your Arbitrum wallet address and confirm that it aligns with the address employed during the eligibility period.

The Arbitrum Foundation said on Thursday that ARB, Arbritrum’s new token, will be airdropped to community members on Thursday, March 23. Arbitrum, the biggest player in Ethereum’s layer 2 scaling landscape, is finally getting a token. For purposes of this guide, we will connect to Trust Wallet on mobile using WalletConnect. However, this will soon change as Arbitrum will airdrop its new and long-awaited native token, ARB, on March 23, 2023. Once you’ve claimed your ARB tokens you can then move them to Newton.

When Is Arbitrum’s Airdrop? How Can You Claim Your Free ARB Tokens?

However, introducing the ARB governance token will end the centralized control and make it community governed. The Arbitrum community will control 56% of those tokens – the airdrop will grant 11.5% of the total supply to eligible Arbitrum users, and 1.1% to DAOs that operate in the Arbitrum ecosystem. The remaining community tokens will go to a treasury controlled by the new Arbitrum DAO, which will allow ARB holders to vote on how to disburse the funds.

As described earlier, points scored before and after Arbitrum Nitro was deployed on Arbitrum One mainnet were weighted differently. Points scored before turnkey forex review and rating Arbitrum Nitro were worth twice as much as points scored after — as a result any points scored after Nitro resulted in half as much of an allocation per point shown in the table above. If an address only became fully eligible (minimum of three points) post-nitro, all points scored counted as post-nitro points.

Here’s how to check if you’re eligible for Arbitrum airdrop using the Trust Wallet mobile app

Arbitrum doesn’t have a token yet and could potentially ethereum finds favour with institutional investors as cryptocurrency hits all have one in the future. There’s a chance that they may do an airdrop to users who’ve used their bridge. Next, once you are successfully connected, go back to the Arbitrum Foundation’s website and click on ‘Check Eligibility’ to confirm if you are eligible for the ARB airdrop. Go to your Trust Wallet, click on ‘Settings’ then ‘WalletConnect’, and scan the QR code. You will automatically be asked to confirm the connection on your Trust Wallet app to check your airdrop availability.

As the days count down to the airdrop, users have also begun speculating on the opening price of the ARB token. 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. 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.