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Basic Information
| Information | Details |
|---|---|
| Project Name | The Arena |
| Project Website | arena.social |
| Project Description | The Arena is a SocialFi platform on the Avalanche blockchain that integrates social engagement with financial opportunities. It rewards users with $ARENA tokens based on platform activity and governance participation. |
| Project Ticker | ARENA |
Airdrop Details
| Information | Details |
|---|---|
| Airdrop Type | ERC-20 Token ($ARENA) |
| Total Airdrop Amount | 2.56 billion $ARENA (initially allocated for distribution) |
| Number of Eligible Users | Over 100,000 users |
| Number of Claimants | Not Known |
| Conversion Rate | 69 $ARENA per airdrop point earned |
Timeline
| Event | Date |
|---|---|
| Blockchain Snapshot | Not Known |
| Claiming Started | October 29, 2024 |
| Initial Token Deployment | March 15, 2025, at 7:30 PM EST |
| Claiming Ends | 12 months after the initial claim |
Token Distribution
| Distribution | Amount |
|---|---|
| Maximum | Not Known |
| Median/Average | 69 $ARENA per airdrop point earned |
| Minimum | Not Known |
| Initial Claim | 15% of allocated tokens at launch |
| Vesting Period | 85% of tokens released monthly over 12 months |
Eligibility Criteria
- X (Twitter) Account Login: Users must log in to The Arena platform via their X (Twitter) account.
- Profile Completion: A profile bio and picture must be added.
- Avalanche Wallet Connection: Users must connect an AVAX-compatible wallet with AVAX tokens for gas fees.
- Activity-Based Engagement: Points are earned through engagement, including liking, commenting, creating content, tipping, trading, and referral activity.
- Referral System: Additional points are granted for successful referrals.
- Weekly Distribution: Points are typically distributed every Monday at 2:00 PM EST.
- Claiming Process:
- Users receive an initial 15% of allocated tokens at launch.
- The remaining 85% is distributed monthly over 12 months.
- Continued activity is required for future claims—inactive users may forfeit remaining tokens.
- Staking Option: Users can stake claimed $ARENA for additional rewards (e.g., governance voting power, premium features).
- March Madness Incentive:
- Bonus points were distributed for high buying volume, portfolio value, and referral activity in March 2025.
- Up to 10 million bonus points were allocated during this program.
- Unclaimed Tokens: Any tokens not claimed within 12 months will be reallocated to a “Future Incentives and Growth” pool.
Important Links
- Price Tracking: CoinGecko
- Eligibility Criteria: Twitter Announcement
- Official Announcement: Medium Post
- Official Contract Address:
0xB8d7710f7d8349A506b75dD184F05777c82dAd0C
Additional Information
- Total Supply: 10 billion $ARENA tokens.
- Governance Role: $ARENA is used for governance (1 token = 1 vote).
- Future Airdrops: Additional airdrops like $ERROR may be introduced for active users.
- Ongoing Token Distribution: After the initial airdrop, $ARENA will continue to be distributed based on platform activity.
- Governance Voting: The first governance vote will determine whether The Arena moves to its own subnet or remains on Avalanche’s C-Chain.
- Potential Migration: If The Arena moves to its own subnet, $ARENA may gain additional utility as a native gas token.
- Transferability: Claimed tokens can be freely traded or used within the platform. However, only tokens earned through airdrop points or future programs count toward governance votes.
- Security Warning: Users should only interact with the official contract address to avoid scams.