Delphi Digital Announces Arbitrum’s ARB Governance Token Airdrop for Community Members and DAOs
On March 23rd, Delphi Digital, a cryptographic research institute, said on Twitter that within less than 24 hours, Arbitrum will launch an ARB governance token airdrop, with approx
On March 23rd, Delphi Digital, a cryptographic research institute, said on Twitter that within less than 24 hours, Arbitrum will launch an ARB governance token airdrop, with approximately 625000 wallets eligible. In Arbitrum’s distribution model, more than 135000 wallets have been identified as witch wallets. According to the previously disclosed allocation plan, Arbitrum will allocate 12.75% of the token supply, or 1.275 billion tokens, to community members and DAOs in the ecosystem.
Delphi Digital: There are over 135000 witch wallets in the Arbitrum distribution model
On March 23rd, Delphi Digital, a cryptographic research institute, announced on Twitter that within less than 24 hours, Arbitrum will launch an ARB governance token airdrop for eligible wallets in the ecosystem. In this distribution model, more than 135,000 wallets have been identified as witch wallets, making them eligible to receive tokens. According to the previously disclosed allocation plan, Arbitrum will allocate 12.75% of the token supply, or 1.275 billion tokens, to community members and DAOs in the ecosystem.
Table of Contents
1. Introduction
2. What is a Governance Token Airdrop?
3. The Significance of the ARB Governance Token Airdrop
4. Eligible Wallets for the ARB Governance Token Airdrop
5. Token Allocation Plan
6. Frequently Asked Questions (FAQs)
7. Conclusion
8. Keywords
1. Introduction
Arbitrum, a Layer 2 scaling solution for Ethereum that aims to increase the transaction speed and reduce costs, has announced the launch of an ARB governance token airdrop. The airdrop is set to reward community members and DAOs in the ecosystem.
2. What is a Governance Token Airdrop?
A governance token airdrop is a method of distributing tokens to holders of cryptocurrency wallets that either hold or actively use the network’s native token. This is done to increase users’ interest in participating in the governance of the network by giving them voting rights on network decisions, protocol upgrades, and other key matters.
3. The Significance of the ARB Governance Token Airdrop
Arbitrum’s ARB governance token airdrop is significant because it allows community members and DAOs to become more involved in the network’s governance. This increases the fairness of decision-making processes, and allows more people to have a say in the future development of the platform. It also incentivizes people to become more engaged with the platform and its community.
4. Eligible Wallets for the ARB Governance Token Airdrop
Arbitrum has identified over 135,000 wallets as eligible witch wallets, making them able to receive the airdropped tokens. The criteria for eligibility is that the wallet has interacted with the network in some way or has held the native token at some point.
5. Token Allocation Plan
Arbitrum has disclosed that it will allocate 12.75% of the token supply, or 1.275 billion tokens, to community members and DAOs in the ecosystem. The tokens will be distributed to eligible wallets in the form of an airdrop, which will take place over a specific period.
6. Frequently Asked Questions (FAQs)
Q1. How can I check if my wallet is eligible for the ARB governance token airdrop?
To check if your wallet is eligible for the ARB governance token airdrop, visit Arbitrum’s official website and follow the instructions provided.
Q2. How will I receive the ARB governance tokens?
The ARB governance tokens will be distributed to eligible wallets in the form of an airdrop. The tokens will be sent directly to your wallet, and you will be able to claim them by following the instructions provided.
Q3. What can I do with the ARB governance tokens?
The ARB governance tokens give holders voting rights on network decisions, protocol upgrades, and other key matters. They also incentivize people to become more engaged with the platform and its community.
7. Conclusion
Arbitrum’s ARB governance token airdrop is a significant step towards increasing the community’s engagement with the network’s governance. By providing voting rights to holders of ARB governance tokens, the network becomes more democratic and fair. This distribution model also incentivizes people to become more engaged with the platform and its community. It will be interesting to see the impact this airdrop has on the network and how it affects its future development.
8. Keywords
Arbitrum, ARB governance token, airdrop, community members, DAOs, witch wallets, eligibility, token allocation plan, voting rights.
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