Kanupriya Johari (@kanupriya_johari) • Hey
Kanupriya Johari (@kanupriya_johari) • Hey
Publications
- ARB distribution model was designed by Nansen 🔵 🦅
+2,300,000 addresses bridged to Arbitrum before the snapshot.
Online 625,143 were eligible for ARB. Only around 30%!
What can we learn from their report?
5 key take-aways so you don't get excluded from airdrops ⚡
1/5
Eligibility Criteria:
- Conducted transactions: number, value, and time thresholds
- Arbitrum Nova: bridging & conducted transactions
- Dapps and Governance activity
- Liquidity providing
💡 Take-away: the more different activities, the better. Be active!
2/5
USD Value. I know this is a given, but it's important to stress out.
• The majority of wallets transact on small USD amounts
• The majority of wallets got small airdrops (USD value terms)
💡 Take-away: more volume = bigger airdrop. But you didn't need to be a whale to get it!
3/5
The number of transactions
• The majority of the wallets made 1-2 transactions (1M+ wallets)
• Only 100k wallets made 50-100 transactions
Median = 3
Average = 28
💡 Take-away: more transactions = more valuable airdrop.
Become a recurring user.
4/5
Sybil wallets:
• The Arbitrum Foundation wanted to exclude sybil wallets from getting the $ARB airdrop
• Sybil wallets = wallets with similar/fake activity, with the pure intention of hunting for an airdrop
• 172k wallets excluded
💡 Take-away: be user, not a "hunter"
5/5
Negative criteria ⚠️
This is a new concept: some actions subtracted points, i.e. they hurt the user's individual points to get ARB.
These users got less ARB:
• All transactions in a 48h period
• Interacted with only 1 smart contract
• Low ETH balance in Snapshot day
There's a lot more data in their official report.
Read the full blog post here:
🔗 nansen.ai/research/an-on-chain-distribution-model-for-the-arbitrum-community
Join alpha discord: https://earndrop.io/discord
- $LENS
- Excited for @0xpolygon.lens zk launch 🚀
- Zksync lite and era are so fucking fast imagine what zkporter is going to be like lfg
- The activity on lens rn>>>