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Arbitrum

Basic Information

InformationDetails
Project NameArbitrum
Project WebsiteArbitrum Website
Project DescriptionA technology suite designed to scale Ethereum, enabling cheaper and faster transactions through its Optimistic Rollup protocol while maintaining Ethereum-level security.
Project TickerARB

Airdrop Details

InformationDetails
Airdrop TypeARB (Governance Token)
Total Airdrop AmountNot Known
Number of Eligible Users625,000
Number of ClaimantsClaiming not ended yet

Timeline

EventDate
Blockchain Snapshot6th Feb 2023
Claiming Started23rd March 2023
Claiming Ends23rd Sept 2023

Token Distribution

DistributionAmount
Maximum10,250 ARB
Median/Average1,376 / 1,859 ARB
Minimum625 ARB

Eligibility Criteria

Bridged To Arbitrum

  • Bridged funds into Arbitrum One
  • Bridged funds into Arbitrum Nova

Transaction Over Time

  • Conducted transactions during 2 distinct months
  • Conducted transactions during 6 distinct months
  • Conducted transactions during 9 distinct months

Transaction Frequency and Interaction

  • Conducted more than 4 transactions OR interacted with more than 4 smart contracts
  • Conducted more than 10 transactions OR interacted with more than 10 smart contracts
  • Conducted more than 25 transactions OR interacted with more than 25 smart contracts
  • Conducted more than 100 transactions OR interacted with more than 100 smart contracts

Transaction Value

  • Conducted transactions with more than $10,000 in aggregate value
  • Conducted transactions with more than $50,000 in aggregate value
  • Conducted transactions with more than $250,000 in aggregate value

Assets Bridged to Arbitrum One

  • Deposited more than $10,000 of assets
  • Deposited more than $50,000 of assets
  • Deposited more than $250,000 of assets

Activity on Arbitrum Nova

  • Conducted more than 3 transactions
  • Conducted more than 5 transactions
  • Conducted more than 10 transactions

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

  • Point System for Airdrop Allocation:
    • Each eligibility criterion contributed to a user’s score in points.
    • Points earned before the launch of Arbitrum Nitro were worth double compared to points earned after Nitro’s launch.
    • If a user only became eligible post-Nitro, all their points were counted as post-Nitro points.

Points to Token Conversion Table

Points Scored (Pre-Nitro)Airdrop Entitlement (ARB)
Less than 3Not eligible
31,250
41,750
52,250
63,250
73,750
84,250
96,250
106,750
117,250
12 or more10,250
  • Post-Nitro Adjustments:
    • Points earned post-Nitro were worth half of the values shown above.
    • If an address became fully eligible post-Nitro, all points counted as post-Nitro points.
    • As a result, the minimum airdrop entitlement is 625 ARB, while the maximum is 10,250 ARB.

Additional Information

  • Arbitrum is a Layer 2 scaling solution for Ethereum using Optimistic Rollups.
  • The ARB token serves as a governance token for the Arbitrum DAO.
This post is licensed under CC BY 4.0 by the author.