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The Arbitrum ARB Airdrop (March 2023)

1.16B ARB to users.

The token

Arbitrum's ARB launched on March 23, 2023, with a 10 billion supply. About 11.62 percent went to users, 1.13 percent to DAOs in the ecosystem, 42.78 percent to the DAO treasury, and the rest to Offchain Labs team and investors.

Points-based eligibility

Eligibility used a points system covering bridging, activity over months, transaction counts and volume; addresses needed at least 3 points. Allocations ranged from 625 to 10,250 ARB, and Sybil filtering removed clusters of linked wallets.

Claim day

Claim traffic congested Arbitrum and its block explorer, and ARB opened near $1.30 on exchanges. A recipient of 1,250 ARB had about $1,600 of tokens on day one.

AIP-1 controversy

The foundation proposed AIP-1 to ratify its governance documents and 750 million ARB budget, but had already moved some tokens. Delegates objected, and the foundation split the proposal, an early test of DAO oversight.

Rollup context

Arbitrum One uses optimistic rollups with fraud proofs and a 7-day challenge window. Its Nitro upgrade in August 2022 cut costs, and in 2024 the BoLD dispute protocol was proposed to allow permissionless validation.

By the numbers

For The Arbitrum ARB Airdrop, the reference figures are date of March 23, 2023, snapshot of Block 16,890,400, users of 1.162 billion ARB, daos of 113 million ARB. The comparison table below lines up allocation, share of 10b arb — DAO treasury: 42.78%; Team & advisors: 26.94%; Investors: 17.53%; Users: 11.62%; Ecosystem DAOs: 1.13%.

Modeling The Arbitrum ARB Airdrop with the Historical Airdrop ATH Vs Current Calculator

The Historical Airdrop ATH Vs Current Calculator takes three inputs — Tokens received, ATH price ($), Current price ($). Missed value = tokens × (ATH − current). With its default inputs (Tokens received = 1000; ATH price ($) = 15; Current price ($) = 3) it returns 12,000 $; swap in the figures from The Arbitrum ARB Airdrop above to reproduce the scenario yourself.

Modeling The Arbitrum ARB Airdrop with the L2 Rollup Blob Fee Comparator

The L2 Rollup Blob Fee Comparator takes three inputs — Tx count, L1 fee ($), L2 fee ($). Savings = txs × (L1 fee − L2 fee). With its default inputs (Tx count = 100; L1 fee ($) = 2.5; L2 fee ($) = 0.02) it returns 248 $; swap in the figures from The Arbitrum ARB Airdrop above to reproduce the scenario yourself.

Data Table

For educational and informational purposes only. Not financial, investment, tax or legal advice. Figures are approximate and historical; crypto assets are volatile and you may lose capital. Do your own research.