Arbitrum Airdrops Arb-token worth $ 120 million on 125 Daos

Arbitrum Airdrops Arb-token worth $ 120 million on 125 Daos
arbitrum-a leading Layer 2 scaling solution for Ethereum-began on April 25th with the distribution of his governance token (Arb).
The Airdrop is part of the Roadmap of the platform, which determines 1.13 % of the total 10 billion token offer for qualified DAO projects.
- According to the latest data, Arbitrum has distributed over 90 million ARW worth $ 120 million in $ 125 Dao wallets.
- treasure dao was the top recipient with 8 million ARB, while 60 other Daos sucked at least 75,000 work each.
- The decentralized exchange GMX based on arbitrum is expected to receive 8 million ARB, but has not yet been thrown out of the air.
The complete distribution of the DAO airdrop will take place today with those who have confirmed the preservation of the test transaction sent at the beginning of last week.
Further details about the DAO distribution can be found in the following thread. 🧵👇 https://t.co/naapir7ut2
- arbitrum (💙,@) (@arbitrum) 24. April 2023
- other prominent projects among top 15 recipients are sushiswap, balancer, Aave and Dodo with 4.25 million ARB, 3.01 million ARB, 2.7 million arb.
- The team behind Arbitrum had previously clarified that the Airdrop was not a retrospective grant. Instead, the main goal is to enable the sub-communities in the Layer 2 networks to locate governance decisions.
- The platform also mentioned that the Airdrops would only be distributed to projects with a DAO and a community fund, with the exception of The Protocol Guild-an organization that is composed of participants in the Ethereum Kernprotocol.
- Factors such as-the provision date of the defi project, whether it was located in multiple chains or in its ecosystem, the transaction volume, the total value of the blocked assets and the native liquidity relocated to the ecosystem-were weighed up for the eligibility of the central allocation.
- The development follows the excited Arb-Airdrop for Early Adopters.
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