Thread by @its_airdrop

Arbitrum's $ARB token is expected to launch soon.

According to a research report by Bernstein published on 21st September. And with that said the early user airdrop is imminent…

🧵So here is an updated thread on:

• Updates
• 6 popular dApps to interact with and strategy.

1/10

The Arbitrum Odyssey event which was an NFT-powered incentives campaign was paused after the transaction fees on Arbitrum were much more compared to the mainnet Ethereum itself:

https://twitter.com/its_airdrop/status/1542052053488644096

2/10

• The Odyssey event was paused until the launch of Arbitrum nitro.
• On August 31st, Arbitrum upgraded its network to Nitro. 
• This upgrade led to increased throughput (almost 7x-10x higher), and lower fees.

3/10

They also introduced Nova:
• It's an entirely new chain built on Arbitrum's AnyTrust technology.
• Mainly for Web3 gaming and social applications.
• AnyTrust is a variant of Arbitrum Nitro technology that lowers costs by accepting a mild trust assumption

4/10

Now let's get into our strategy: [Try at your own risk and DYOR]

You can try out the entire transaction by creating a new @Rabby_io Rabby wallet here: rabby.io or choose to carry on with metamask…

5/10

1. Using @StargateFinance bridge: 

The first step is to use the bridge and convert some ethereum from mainnet to Arbitrum: stargate.finance/transfer

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2. Trading on @GMX_IO:

Now try out the swap and futures functionality on GMX which is the top 1 dApp on Arbitrum considering a TVL of $430 mil:
gmx.io/#/?ref=air

In the end, convert some ETH to WETH on GMX.

7/10

3. Now, Buy some $RDNT from sushiswap:

a. Swap some WETH to RDNT, here: bit.ly/WETH-RDNT

b. Now add liquidity in the RDNT/WETH pool: bit.ly/WETH-RDNT-LP

8/10

4. Staking on @RDNTCapital:

Now stake the RDNT/WETH Lp tokens here: app.radiant.capital/#/staking

9/10

5. Bridge to Arbitrum Nova: 

Bridge some Ethereum to Nova. You can only bridge from Mainnet to Nova as of now: bridge.arbitrum.io/?l2ChainId=421…

10/10

6. Trying out @ArbswapOfficial :

After the above transaction is successful, change your wallet network to Arbitrum nova and try out some swaps here: arbswap.io/swap

For more such posts and airdrops, follow us on

Twitter: @its_airdrop

Telegram:
t.me/airdropofficia…