Arbitrum Airdrop Confirmed: Here’s How to Check Eligibility for ARB Token

Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated:
Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
News Editor
News Editor
Khashayar Abbasi
Author Categories
About Author

Khashayar is a dedicated crypto news editor who focuses on providing accurate and insightful coverage of the cryptocurrency space. Featured in outlets like BanklessTimes and TheBetChat, he...

Last updated:
Why Trust Cryptonews
Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews
Ad DisclosureWe believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. Read more
Source: Adobe / Vladimir Kazakov

Arbitrum, Ethereum’s layer 2 scaling solution, announced today that it is launching a new token – ARB

The Arbitrum Foundation revealed that the tokens would be airdropped to community members, and token claims will begin on March 23, around seven days from the time of publishing.

With the introduction of ARB, Arbitrum will transition into a decentralized autonomous organization (DAO), allowing ARB holders to vote on key decisions governing Arbitrum One and Arbitrum Nova.

Arbitrum DAO will control key decisions at the core protocol level, including technology upgrades and revenue allocation for ecosystem support. 

Offchain Labs, Arbitrum’s creator, emphasizes that the ARB token will make the Arbitrum ecosystem more decentralized than alternative scaling chains.

What is ARB and How to Claim It?

Arbitrum collaborated with Nansen, a crypto analytics firm, to determine ARB token eligibility based on user activity. 

Eligible users can claim tokens by visiting the official Arbitrum Website

ARB’s total circulation will be 10 billion, with 56% controlled by the community and 44% allocated to investors and core contributors of Offchain Labs.

ARB tokens will be used exclusively for protocol governance, allowing holders to vote on code changes. A 12-person security council governed by the Arbitrum DAO will have the ability to make quicker bug fixes. 

The introduction of ARB coincides with the launch of Arbitrum Obit, enabling third-party apps and protocols to build layer 3 blockchains on Arbitrum’s low-fee infrastructure.

Reminder: Users should exercise caution when claiming their tokens, as scammers often exploit airdrops to deceive people through fake websites and other fraudulent methods. 

Arbitrum’s Technical Milestones

Arbitrum’s delay in launching its governance token is attributed to prioritizing technology development. 

According to Offchain Labs CEO Steven Goldfeder, Arbitrum has reached significant technical milestones, such as working fraud proofs, which its main competitor has not yet achieved. 

This focus on technology underscores the project’s commitment to decentralization and secure scaling for the Ethereum network.

More Articles

Blockchain News
Japan’s SBI Posts Record Crypto Profits; Aims for Nation’s First USDC Listing
Tim Alper
Tim Alper
2025-02-09 23:30:00
Price Analysis
Price Breakthrough Forecast: The Next XRP Rally Could Be Here Soon
Arslan Butt
Arslan Butt
2025-02-09 14:21:48
Crypto News in numbers
editors
Authors List + 66 More
2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
International Team Authors