Thread by @OlimpioCrypto

⚡️ $ARBI Airdrop Strategy 🦅🔵

With $OP coming soon, there has been a lot of speculation regarding an @arbitrum airdrop 🪂

(i) the $ARBI rumours so far
(ii) the "Arbitrum Odyssey" event coming soon
(iii) what can you do to be eligible?

🧵:

1/15

$ARBI Rumours

Nothing concrete so far. No announcements were made and there has not been any leak.

In spite of this, @sgoldfed from Arbitrum did tweet this the day that $OP 🔴 came out.

Plus, it's a natural step, most likely will eventually occur.

https://twitter.com/sgoldfed/status/1516896690019647488

2/15

ARBITRUM ODYSSEY

I published a thread about this 15 days ago.

Basically, Arbitrum is hosting a combination of "event" and "competition", starting Mid-May (TBD).

Here, users can earn 17 different NFTs. This thread tells you how to get them.

https://twitter.com/OlimpioCrypto/status/1514689463477280776

3/15

14 different Snapshot votes were held 10 days ago. From a total of 56 protocols, the Arbitrum community chose 14 for the Odyssey.

For 8 weeks (starting Mid-May), Arbitrum users will be able to perform specific on-chain actions to get 2 NFTs per week, from 2 protocols.

4/15

These are the protocols that won:

1. @yield
2. @hashflownetwork
3. @AboardExchange
4. @tofuNFT
5. @Uniswap
6. @OfficialApeXdex
7. @1inch
8. @izumi_Finance
9. @BreederDodo
10. @SwaprEth
11. @Treasure_DAO
12. @BattleFlyGame
13. @ideamarket_io
14. @SushiSwap

5/15

First week is "onboarding". Here, to get a one of the *bonus* NFTs you need to bridge assets through any of the unofficial bridges (@HopProtocol, @lifiprotocol).

The bridge that does more volume gets the NFT. The more bridges you use, the more the chances to get it.

6/15

After onboarding week is over, for the next 7 weeks, 2 protocols will publish a task for users to complete, specific to each of them.

Making a trade, providing liquidity, etc. It depends on the protocol.

Once the week is over, if you performed the tasks, you get the NFT.

7/15

🔎 Easter egg? 🥚🐰

At the end of the Odyssey (8 weeks), if you got 12/15 NFTs (1 onboarding week and 14 on the next 7 weeks), you get NFT number 16, a bonus.

On their Medium article, they said that there would be 17 NFTs, not 16.

Could there be a hidden task?

8/15

This is purely speculation here, but there might be a link with these NFTs to a potential $ARBI airdrop.

Taking $OP as an example, users had a multiplier as they completed more tasks. Could this be applied to people that own 17/17 NFTs?

This is $OP's eligibility criteria:

9/15

Now to retroactive airdrop speculation 🔙

If we put aside the Odyssey for a moment, some protocols reward their users for past actions. This event is mostly advertised, and thus we have to assume it will be heavily botted.

The Offchain Labs team is surely considering that

10/15

In a potential $ARBI airdrop, they could reward users that performed past actions, before the Odyssey. There might still be time to check out some projects in the Ecosystem.

Besides $ARBI, there are many Arbitrum protocols that don't have a token.

Here's the strategy:

11/15

(i) bridge through the *official bridge*: bridge.arbitrum.io
(ii) mix some funds via @twister_cash (tornado fork for $FRAX)
(iii) make a trade in @hashflownetwork
(iv) buy/provide protection from @riskharbor core.riskharbor.com
(v) bridge again with @HopProtocol

12/15

If you wish to explore more Arbitrum protocols, here's the list of 56 projects that participated in Snapshot votes 👇

13/15

I don't advocate sybill-attacking protocols to try to game airdrops.

This approach not only works in the protocol's best interest, but most don't realize that it *also* works in the user's best interest.

Take the case of $PSP. Only 20K addresses airdropped, most excluded

14/15

Protocols are getting more sophisticated with their eligibility criteria, and in the end this is better for communities and final users.

My advice is to only have real wallets, and concentrate your volume. Most airdrops are becoming liquidity-tiered.

15/15

I will publish updates as we approach @arbitrum's Odyssey.

If you ❤️ like my first tweet (below), Elon's @Twitter algorithm will recommend my future threads to you, and you won't miss the alpha.

If you don't already, follow me → @olimpioCrypto

https://twitter.com/OlimpioCrypto/status/1519852532440473601