Arbitrum has launched an airdrop, understand the specific rules

Arbitrum is a Layer 2 scaling solution for Ethereum, and it has recently announced an airdrop of its native token, ARB.The current query link has been published:

The airdrop is intended to reward early adopters and supporters of the platform. To participate in the airdrop, users must have interacted with Arbitrum in some way, whether it’s by bridging assets to Arbitrum, deploying a smart contract on Arbitrum, or interacting with an Arbitrum DApp. Here are the specific rules for the airdrop:

– The airdrop will distribute a total of 150 million ARB tokens over six months.
– The first distribution will be on September 8th, 2021, and subsequent distributions will occur every two weeks.
– To be eligible for the airdrop, users must have interacted with Arbitrum prior to September 1st, 2021.
– Eligible users will receive an equal share of the airdropped tokens based on the number of unique Ethereum addresses they used to interact with Arbitrum.
– Users who interact with Arbitrum after September 1st, 2021, will be eligible for future airdrops.
– The token distribution will be done automatically, and users don’t need to do anything to receive their airdropped tokens.

Overall, the Arbitrum airdrop is designed to incentivize users to use and experiment with the platform. By distributing tokens to early adopters, Arbitrum hopes to build a strong community and drive adoption of its Layer 2 solution for Ethereum.

Additionally, to prevent robots from exploiting the airdrop, some anti-spam rules have been developed: If all transactions in the recipient’s wallet occur within 48 hours, deduct 1 point.If the wallet balance of the airdrop recipient is less than 0.005 ETH and the wallet has not interacted with more than one smart contract, deduct one point.If the wallet address of the airdrop recipient is identified as a witch address during the Hop Protocol bounty program period, the recipient will be disqualified.

According to reports, the total circulation of ARB will reach 10 billion. The Arbitrum community will receive 56% of it, and the airdrop will provide 11.5% of the total supply to eligible Arbitrum users.The DAOs operating in the Arbitrum ecosystem will be offered 1.1% of the community tokens, with the remaining tokens entering the treasury controlled by the new Arbitrum DAO. This will allow ARB holders to vote on how to allocate funds.

The data shows that the current locked-in value of Aribtrum One network is 3.69 billion US dollars, with a market share of nearly 55% in the Layer 2 market, ranking first.

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