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HOW TO CLAIM THE ARBITRUM (ARB) AIRDROP

Written by Thomas DeMichele Published - March 22, 2023
Last Updated - March 24, 2023
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EVERYTHING YOU NEED TO KNOW ABOUT THE ARB AIRDROP

Starting March 23, 2023, eligible users can claim the Arbitrum (ARB) airdrop by
going to the official Arbitrum website and connecting a Web3 wallet like
MetaMask. Check out the official blog post, or keep reading to learn more.

NOTE: The URL you use the claim ARB is https://arbitrum.foundation/. That is the
Arbitrum DAO website. You can get there from the technology-focused official
website, https://arbitrum.io/ as well.


WHAT IS ARBITRUM?

Arbitrum, the popular layer-2 scaling solution for Ethereum, has announced the
launch of its native governance token, ARB. The token will be airdropped to
eligible users and developers on March 23, 2023. Arbitrum utilizes Optimistic
Rollups to lower gas fees and speed up transaction times, making it one of the
most widely adopted layer-2 networks since its inception in 2021.


ARB ELIGIBILITY

To be eligible for the airdrop, users must have interacted with Arbitrum before
March 16, 2023. You must have also taken certain actions, including:

Bridged to Arbitrum

 * You’ve bridged funds into Arbitrum One
 * You’ve bridged funds into Arbitrum Nova

Transactions over Time

 * You’ve conducted transactions during 2 distinct months
 * You’ve conducted transactions during 6 distinct months
 * You’ve conducted transactions during 9 distinct months

Transaction Frequency and Interaction

 * You’ve conducted more than 4 transactions OR interacted with more than 4
   smart contracts
 * You’ve conducted more than 10 transactions OR interacted with more than 10
   smart contracts
 * You’ve conducted more than 25 transactions OR interacted with more than 25
   smart contracts
 * You’ve conducted more than 100 transactions OR interacted with more than 100
   smart contracts

Transaction Value

 * You’ve conducted transactions with more than $10,000 in aggregate value
 * You’ve conducted transactions with more than $50,000 in aggregate value
 * You’ve conducted transactions with more than $250,000 in aggregate value

Assets Bridged to Arbitrum One

 * You’ve deposited more than $10,000 of assets
 * You’ve deposited more than $50,000 of assets
 * You’ve deposited more than $250,000 of assets

Activity on Arbitrum Nova

 * You’ve conducted more than 3 transactions
 * You’ve conducted more than 5 transactions
 * You’ve conducted more than 10 transactions

Points scored (minimum of three) before Arbitrum Nitro launched are worth
double. Sybil detection criteria was also used and affected eligibility.

You can verify your eligibility on the official website linked above. If you’re
eligible, claiming your share of ARB tokens is as simple as connecting your
Ethereum wallet.

ARB Eligibility Method: Arbitrum collaborated with crypto analytics firm Nansen
to determine ARB token eligibility based on user activity.


HOW TO CLAIM THE ARB AIRDROP

Assuming you are eligible:

 1. Connect to the official Arbitrum website using a web3 ETH wallet, for
    example, MetaMask.
 2. Add the Arbitrum One network using the automated prompt.
 3. Approve Arbitrum One and switch to the network using the automated prompt.
 4. Click the “Check Eligibility” button on the Arbitrum website (blue button in
    the middle of the home page).
 5. A page will come up telling you if you are eligible and how many tokens you
    qualify for.


HOW MUCH ARB WILL I GET?

A point-based system has been established to reward early adopters and calculate
the number of tokens they’ll receive during the airdrop. For every meaningful
action users completed before the snapshot on Feb 6, 2023, at block height
#58642080, they earn one point. To qualify for the airdrop, participants must
have a minimum of three points and can accumulate up to 15 points.

Your point total will then determine how many ARB tokens you get:

Points Scored Number of Tokens Received During Airdrop 3 1,250 4 1,750 5 2,250 6
3,250 7 3,750 8 4,250 9 6,250 10 6,750 11 7,250 12 or more 10,250


WHAT IS ARB?

The ARB airdrop marks a pivotal moment for Arbitrum and the entire Ethereum
ecosystem. It will enable users and developers to participate in Arbitrum’s
governance and earn rewards for their contributions.

Key highlights of the Arbitrum ARB airdrop include:

 * Pro-rata distribution of ARB tokens to all eligible users and developers.
 * Listing of ARB token on multiple exchanges following the airdrop. For
   example, you can trade ARB on Bybit.
 * Use of ARB token for governing the Arbitrum network.

Stay tuned for more updates and detailed information about the Arbitrum ARB
airdrop. As the event unfolds, we’ll keep you posted on the latest developments
and any new opportunities arising from this exciting launch.

ARB Circulation: The total circulation of ARB will be 10 billion, with 56%
controlled by the community and 44% allocated to investors and core contributors
of Offchain Labs.

FACT: The launch of ARB coincides with the introduction of Arbitrum Obit,
enabling third-party apps and protocols to build layer 3 blockchains on
Arbitrum’s low-fee infrastructure.

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"How to Claim the Arbitrum (ARB) Airdrop" contains information about the
following Cryptocurrencies:

Ethereum (ETH)


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