Arbitrum announced Token economics: initial total 10 billion; 11.62% is delivered by air to users

Source: Arbitrum Foundation

Karen, Foresight News

(1) A few years ago Officially announced the launch of DAO governance and governance token ARBs for Arbitrum One and Arbitrum Nova networks, as well as the release of highly anticipated airdrop details, which are now open to airdrop eligibility inquiries.

Arbitrum token ARB initial total supply of 10 billion pieces, annual inflation at most 2%. In terms of the airdrop of tokens, 11.62% of the initial total supply will be airdropped to Arbitrum users, and 1.13% will be airdropped to DAO vault built in Arbitrum construction application. The airdrop snapshot is on February 6th (58642080 in Arbitrum One block).

Specific token allocation is as follows:

42.78% (4.278 billion pieces) Arbitrum DAO vault;

26.94% (2.694 billion) to Offchain Labs teams/future teams and consultants;

17.53% (1.753 billion) to Offchain Labs investors;

11.62% (1.162 billion) were allocated to Arbitrum users by air drop;

1.13% (113 million) were allocated to DAOs (via airdrop) building applications on Arbitrum.

Everyone is most concerned about the airdrop qualification, Arbitrum has developed a point system, the point ceiling is 15 points, the point standard mainly tracks the user's activities on Arbitrum One; A small set of criteria applies to campaigns on Arbitrum Nova, where Arbitrum Nova users can earn 4 points (plus 1 extra point if they have already earned 4 or more points on Arbitrum One).

Arbitrum One on the points to earn eligible:

- Connect the funds bridge to Arbitrum One;

-Trade in two different months;

- Transactions are made within different six months;

- Has made a transaction within nine months;

- Made more than four transactions or interacted with more than four different smart contracts;

- Made more than 10 transactions or interacted with more than 10 different smart contracts;

- Make more than 25 transactions or interact with more than 25 different smart contracts;

- Made over 100 transactions or interacted with over 100 different smart contracts;

- The total amount of transactions carried out exceeds $10,000;

- The total value of transactions carried out exceeds $50,000;

- Transactions with a total value of more than $250,000;

-Deposit more than $10,000 in working capital with Arbitrum;

- Deposit more than $50,000 in liquidity with Arbitrum;

- Deposit more than $250,000 in liquidity with Arbitrum;

Arbitrum Nova Points earning Eligibility:

- Bridge funds to Arbitrum Nova;

- More than three transactions;

- More than five transactions;

-Made more than a dozen trades.

Number of tokens redeemable for credits:

Arbitrum has also made some anti-witch rules, including

- Subtract 1 point if the drop recipient's wallet transactions all occur within 48 hours.

- Subtract one point if the airdrop recipient's wallet balance is less than 0.005 ETH and the wallet does not interact with more than one smart contract.

- If the wallet address of the airdrop recipient is identified as a Sybil address during the Hop Agreement Bounty Program, the recipient will be disqualified.

For DAO airdrops, Arbitrum assigns individual airdrops (1.13% of the initial total supply) to DAOs building applications in its ecosystem and Protocol Guild, an organization of Ethereum contributors. This portion of airdrop tokens is weighted according to a variety of factors. This includes the duration of the project on Arbitrum, on-chain TVL, whether the project is Arbitrum native, and whether the project operates with actual on-chain funds.

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