In a lengthy thread of over 28 tweets, anonymous crypto analyst DeFi Riddler shared some crucial advice on how to claim the Arbitrum airdrop on Twitter. They emphasized the nature of the airdrop and some actions supporters can take to improve their chances of eligibility within the thread.
The total value of the airdrop has not been disclosed by the Arbitrum team. Nevertheless, given Optimism’s (OP) airdrop total value of $50,000, DeFi Riddler estimates that the airdrop will likely be worth around $50,000.
In addition, before the airdrop begins, the community should anticipate the launch of Arbitrum’s token. DeFi Riddler provided a four-point analysis of some potential eligibility requirements as the airdrop distribution period appears to be approaching soon.
The Arbitrum Odyssey Campaign is the first item. It is recommended that participants in the Odyssey Campaign who haven’t yet claimed their NFTs connect their MetaMask wallet to Arbitrum in order to do so. Regarding this, a link was offered. The claiming window is from June 28, 18:00 to October 30, 17:59 (GMT+1).
To buy a token, participants who did not receive the NFT should go to Stratos NFT, an NFT marketplace on Arbitrum. They will have a role on the Arbitrum Discord channel as a result.
Proponents should bridge some of their ETH tokens from the Ethereum mainnet to the Arbitrum One Network after purchasing or claiming the NFT. Proponents are advised to interact with dApps on the Arbitrum network by using them for a number of transactions over a number of days after a successful bridge. There cannot be significant financial transactions.
One of the most popular Ethereum L2 solutions is Arbitrum.
Third, advocates should give finishing Arbitrum tasks on Discord top priority. For this, they would require a wallet and a Discord account. To participate in the tasks, you only need ETH worth $5–$10 in total. Users who finish the tasks are rewarded and have a better chance of getting the next airdrop.
In conclusion, being active on the Ethereum network will probably improve your chances of receiving the airdrop. Proponents are advised to participate in on-chain activities and hold some ETH tokens, regardless of the amount. On the project snapshot, users can also cast their votes on the available proposals.
An airdrop is when a project gives away free tokens to many early adopters in exchange for their wallet addresses. Due to the numerous users they will be reaching, airdropped tokens are most likely insignificant in quantity. Nevertheless, a spike in the price of these tokens could significantly raise their value over time.
The prominence of the scaling solution is an indication of how soon Arbitrum will start its airdrop and how significant it will be. In essence, Arbitrum is a layer-2 Ethereum blockchain solution.
By utilizing optimistic rollups, the platform aims to accelerate Ethereum transactions and lower transaction costs. With more than $1B in its total value locked, Arbitrum is one of the most successful Ethereum L2 scaling solutions (TVL).