Arbitrum to Airdrop Over 1 Billion ARB Tokens to Users
• Arbitrum will be airdropping the ARB token on March 23rd.
• The team released detailed documentation which outlines that 1.162 billion tokens, representing 11.62 percent of the total initial supply, will be airdropped to users of the Arbitrum platform.
• There is a point system that will dictate how many tokens each user will get and the maximum allocation a single address can get is 10,200 tokens.
Arbitrum Airdrop
Arbitrum, an Ethereum layer-2 scaling solution, announced that they will be airdropping their long-awaited ARB token in one week on March 23rd. The team released detailed documentation outlining 1.162 billion tokens representing 11.62 percent of the total initial supply to be distributed to „users of the Arbitrum platform“.
Point System
To qualify for receiving these tokens, users must obtain at least three points through various activities such as bridging funds to Arbitrum One and making transactions. The point score is capped at 15 and each user’s maximum allocation is 10,200 tokens.
Initial Token Allocation
The following chart shows the initial token allocation and airdrop distribution:
Source: Official Website
Special Offers
In addition to the upcoming ARB token airdrop, special offers are available for users who sign up with Binance Futures or PrimeXBT:
• Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).
• PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to receive up to $7,000 on your deposits.
Largest Exit Scam on Arbitrum
In light of launching their native governance token ARB via an upcoming airdrop, reports have surfaced of what has been deemed as “the largest exit scam” on Arbitrum involving Hope Fina cryptocurrency exchange where millions were stolen from users in 2019.
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