Thread by @thehiddenmaze

Get ready for the massive Arbitrum Airdrop!

Arbitrum DAO is set to reshape the future of decentralized control

In this thread, we'll explore the ARB token, its role, and the impact of the upcoming airdrop

🧵👇
7 Key Insights and 7 high quality Arbitrum projects

Buckle up!

I'll talk about Key Insights:

💠Introduction to Arbitrum DAO
💠ARB Token: Decentralizing the Ecosystem
💠CEO Steven Goldfeder on Decentralization
💠ARB Airdrop: Eligibility & Distribution
💠Claiming ARB Tokens Safely
💠Governance & Protocol Impact
💠+ much more

Don't worry if never heard about Arbitrum before!

The thread below will bring you up to speed!

Why Arbitrum is massive:

https://twitter.com/thehiddenmaze/status/1629077918251974658

💠Introducing Arbitrum DAO

Arbitrum DAO marks a new era of decentralized control in the ecosystem.

It will shape the future of the network and facilitate community-driven governance.

💠CEO Steven Goldfeder on Decentralization

Offchain Labs CEO, Steven Goldfeder, emphasizes the significance of decentralization, stating that Offchain Labs will be a service provider, relinquishing control over the future of the Arbitrum chain.

💠Why now? Technical Milestones & Timing

Goldfeder:

"The tech came first. With key milestones like working fraud proofs achieved, the timing is right to launch the governance token."

💠Governance: Self-Executing & Security Council

Arbitrum DAO's governance process is self-executing, allowing direct alteration of the core code.

A 12-person security council, governed by the DAO, can make quicker bug fixes if needed.

💠ARB Token: Decentralizing the Ecosystem

The ARB token aims to further decentralize the Arbitrum ecosystem, giving control to the community and enabling key protocol decisions.

A more decentralized ecosystem fosters innovation and growth.

Picture @CoinDesk

💠ARB Token Allocation Breakdown

56% to the Arbitrum community
11.5% airdropped to eligible users
1.1% to DAOs in the Arbitrum ecosystem
Remaining tokens to the Arbitrum DAO treasury
44% to Offchain Labs investors & employees

💠Google Searches Soar Amid Airdrop Announcement

The announcement of the Arbitrum airdrop caused a surge in Google searches, especially in China (!)

The increased interest highlights the growing anticipation for the ARB token launch.

💠ARB Tokens: Driving Protocol Governance

ARB tokens are for governance, not for fees like ETH. Votes can directly alter Arbitrum's core code.

Time delays & the aforementioned security council ensure safety and agility.

💠 ARB Airdrop: How Eligibility is Determined

To decide eligibility, Arbitrum used Nansen's analytics to "snapshot" user activity in Feb.

Factors:
- number of transactions,
- apps used
- duration of Arbitrum One & Nitro usage

💠Claiming ARB Tokens: Stay Safe from Scams

To claim your tokens securely, visit gov.arbitrum.foundation.

Beware of phishing & spoof websites, as scammers often target airdrop events.

Protect your assets & use caution!

💠Arbitrum vs. Optimism: Token Launch Showdown

Arbitrum's ARB token follows Optimism's OP token launch a year ago.

Comparing allocations, ARB has a higher percentage for insiders

(44% vs. 36%)

💠Total Value Locked (TVL) Comparison: Arbitrum vs. Optimism

Arbitrum boasts $3.69 billion locked into its Ethereum rollup network.

It is also holding 55% of the Ethereum Layer 2 market share, making it the clear leader among competing chains.

💠Arbitrum Obit: Empowering "Layer 3" Blockchains

Arbitrum also launches "Obit" which allows third-party apps to create new "layer 3" blockchains on Arbitrum's low-fee infrastructure, fostering innovation & scalability.

💠Wrapping Up: The Future of Arbitrum

Arbitrum DAO and the ARB token launch mark a new era, shaping the future of the ecosystem.

Keep an eye on Arbitrum projects as we can expect massive grants and incentives program similar to what we saw from Kava recently.

💠Projects to keep an eye out.

Projects 100m+ Marketcap
Projects 10m+
Degen Plays for fast returns and losses
Upcoming Launches

Start here:

https://twitter.com/thehiddenmaze/status/1629078028125892609

Tagging people that know how much explosive growth Arbitrum projects will experience (1)

@WinterSoldierxz
@0xCrypto_doctor
@rush_hour51

@arndxt_xo
@ShivanshuMadan
@100y_eth
@BackTheBunny

@0xSoju
@DefiIgnas
@TheDeFISaint

@DeFi_Taha
@0xMughal
@0xBobdbldr
@rektdiomedes

Tagging people that know how much explosive growth Arbitrum projects will experience (2)

@ThorHartvigsen
@Dynamo_Patrick
@PastryEth
@ViktorDefi

@blocmatesdotcom
@0xFitz
@ayyyeandy
@ipor_intern
@Slappjakke

@_khanhamzah
@hc_trades
@rush_hour51
@OnchainDataNerd
@rektfencer

Tagging people that know how much explosive growth Arbitrum projects will experience (3)

@0xSalazar
@psychguy_eth
@0xOreo
@DeFi_Made_Here

@Chinchillah_
@eli5_defi
@2lambro
@crypthoem
@CryptoShiro_

@NDIDI_GRAM
@IamZeroIka
@Louround_
@DeFiMinty
@0xAishwary

@defiprincess_ brought up interesting price predictions about Arbitrum.

She has 3 Assumptions:

• Both Airdrop Supply Open
• Only User Airdop Open
• FDV comparism

#ArbitrumAirdrop #Arbitrum

https://twitter.com/defiprincess_/status/1636468686201700352?s=20

Tell me what you think!

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https://twitter.com/thehiddenmaze/status/1636483175558836224

In case you missed the Arbitrum Airdrop Announcement.