The Arbitrum token (and airdrop) is coming sooner than we think.
People made $10,000-$50,000 from Optimism.
Arbitrum is next.
Don’t miss out on what is potentially the biggest airdrop of the year.
Here’s how to prepare. 👇
People made $10,000-$50,000 from Optimism.
Arbitrum is next.
Don’t miss out on what is potentially the biggest airdrop of the year.
Here’s how to prepare. 👇
In this thread, I’ll cover:
• What is Arbitrum
• How to get a potential $ARBI/ $ARB airdrop
• Step-by-step guide to make sure you don’t miss out
• What is Arbitrum
• How to get a potential $ARBI/ $ARB airdrop
• Step-by-step guide to make sure you don’t miss out
Arbitrum is a layer-2 solution designed to scale Ethereum.
It lowers network congestion and transaction fees from Ethereum’s mainnet.
It lowers network congestion and transaction fees from Ethereum’s mainnet.
It achieves this via the use of Optimistic rollups, where transactions are settled on a proprietary side chain.
It was developed by @OffchainLabs, who raised $120m from the likes of:
• Lightspeed Venture Partners
• Alameda Research
• Redpoint Ventures
• Ribbit Capital
• Polychain Capital
• Pantera Capital
• Mark Cuban
• Lightspeed Venture Partners
• Alameda Research
• Redpoint Ventures
• Ribbit Capital
• Polychain Capital
• Pantera Capital
• Mark Cuban
Arbitrum is home to some of DeFi’s top dAPPS, such as:
• GMX
• Stargate
• Curve Finance
• Uniswap
• Aave
• Radiant
And many more.
• GMX
• Stargate
• Curve Finance
• Uniswap
• Aave
• Radiant
And many more.
Over the last few months, network usage has skyrocketed - with Arbitrum now processing over 200k transactions per day.
Additionally, it’s now a top 6 project by TVL, ahead of Optimism, Solana and Fantom.
Additionally, it’s now a top 6 project by TVL, ahead of Optimism, Solana and Fantom.
Despite this increased usage, Arbitrum doesn’t have a token.
However, this is set to change, with a token rumoured to be launching in Q4 2022 or Q1 2023.
The ticker is expected to be either $ARBI or $ARB.
However, this is set to change, with a token rumoured to be launching in Q4 2022 or Q1 2023.
The ticker is expected to be either $ARBI or $ARB.
So with an upcoming token release, it makes sense that network participants will be airdropped these tokens.
We saw Optimism’s airdrop earlier this year yield early adopters $10-50k+.
We saw Optimism’s airdrop earlier this year yield early adopters $10-50k+.
As the founder of Arbitrum said 😉:
Here’s your full step-by-step guide to putting yourself in the best position to receive an Arbitrum airdrop. 👇
1. Bridge to/from Arbitrum.
Use bridge.arbitrum.io to bridge assets from other EVM chains to the Arbitrum network.
You can do this with any amount (however generally the more the better).
Use bridge.arbitrum.io to bridge assets from other EVM chains to the Arbitrum network.
You can do this with any amount (however generally the more the better).
2. Interact with Arbitrum dAPPS.
Arbitrum is home to 127 dAPPS.
However, I would focus on Arbitrum-focused applications first.
These include:
• @GMX_IO
• @RDNTCapital
• @dopex_io
• @vestafinance
Arbitrum is home to 127 dAPPS.
However, I would focus on Arbitrum-focused applications first.
These include:
• @GMX_IO
• @RDNTCapital
• @dopex_io
• @vestafinance
You can also interact with other major Arbitrum protocols such as:
• @StargateFinance
• @CurveFinance
• @Uniswap
• @AaveAave
• @StargateFinance
• @CurveFinance
• @Uniswap
• @AaveAave
Here are a few examples of what I mean by “interacting”:
On GMX: Open a trade, deposit GLP.
On Dopex: Deposit veDPX, deposit into a straddle vault.
On Uniswap: Provide liquidity, swap assets.
On GMX: Open a trade, deposit GLP.
On Dopex: Deposit veDPX, deposit into a straddle vault.
On Uniswap: Provide liquidity, swap assets.
3. Participate in Arbitrum Odyssey (important).
This was an 8-week initiative that was launched in June, which involved users completing a series of tasks to win NFTs.
galxe.com
This was an 8-week initiative that was launched in June, which involved users completing a series of tasks to win NFTs.
galxe.com
Due to network congestion, they paused Odyssey.
However, with the launch of Arbitrum Nitro (a major network upgrade), it is expected to be resuming shortly.
This will likely be the #1 prerequisite to receive an airdrop.
However, with the launch of Arbitrum Nitro (a major network upgrade), it is expected to be resuming shortly.
This will likely be the #1 prerequisite to receive an airdrop.
Here’s the latest update:
In the meantime, it might be a wise idea to purchase a week 1 NFT so you can participate (they’re only $10).
stratosnft.io
stratosnft.io
When Odyssey resumes, I’ll be covering the steps weekly to help guide you through the tasks.
So make sure you’re following me @milesdeutscher and have post notifications turned on so you don’t miss them.
So make sure you’re following me @milesdeutscher and have post notifications turned on so you don’t miss them.
4. To stay up to date, make sure you join the Arbitrum discord.
discord.gg
The discord is the best place to view the latest tasks and announcements.
discord.gg
The discord is the best place to view the latest tasks and announcements.
Furthermore, you can earn special roles in the server by completing small tasks: guild.xyz.
These tasks are easy to complete and may count towards the airdrop, so are definitely worth completing.
These tasks are easy to complete and may count towards the airdrop, so are definitely worth completing.
Arbitrum has genuine potential to be one of the biggest airdrops in recent history, and is certainly worth going for considering most tasks cost very little to complete.
Remember to schedule your tasks to make it easy to stay on top of airdrop grinding.
If you want alpha on more upcoming airdrops, I’ll be posting more threads like this over the coming weeks.
Make sure to follow me and turn on post notifications if you haven’t already.
Make sure to follow me and turn on post notifications if you haven’t already.
Loading suggestions...