Nansen Data Reveals that More than 990 Million ARBs Have Been Claimed in Arbitrum Air Drop

According to reports, Nansen data shows that more than 990 million Arbitrum tokens ARBs have been claimed, accounting for 85.69% of the air drop supply. The number of eligible addresses for this air drop was 625143, and the number of claimed addresses was 531821, accounting for approximately 85.07%.

ARB airdrops with over 530000 addresses have been claimed

The Arbitrum air drop, which took place recently, drew a lot of attention from the blockchain and crypto communities. As per reports, Nansen data shows that more than 990 million Arbitrum tokens (ARBs) have been claimed, accounting for 85.69% of the air drop supply. The number of eligible addresses for this air drop was 625,143, and the number of claimed addresses was 531,821, accounting for approximately 85.07%. In this article, we will delve deeper into what the Arbitrum air drop is, how to claim it, and what the future holds for ARBs.

What is the Arbitrum Air Drop?

Before we dive into the specifics of the Arbitrum air drop, it is essential to understand what Arbitrum is. Arbitrum is a Layer 2 scaling solution that was launched on Ethereum’s mainnet in September 2021. As per their website, “Arbitrum is an Optimistic Rollup, a Layer 2 scaling solution that achieves high throughput and low fees without compromising security.”
Now, coming to the air drop, an air drop is a way to distribute tokens to a specific set of users. In this case, the air drop was for ARBs, which are the native tokens of the Arbitrum network. The air drop was conducted to incentivize users to start using the Arbitrum network and help the ecosystem grow.

How to Claim ARBs in the Air Drop?

If you were one of the lucky ones who received an air drop of ARBs, you might be wondering how to claim them. Claiming ARBs is a straightforward process that can be done in a few simple steps.
1. First, you need to have an Ethereum wallet that you control. Make sure that the wallet supports ERC-20 tokens.
2. Once you have the wallet, you need to add the ARB token to it. The ARB token’s contract address is “0x8f67854497218043e1f72908ffe38d0ed7f24721”. You can find the token’s symbol as ARB.
3. After adding the token, you should be able to see your ARBs in your wallet. If not, you should try adding the token manually.
4. If you are still unable to see your ARBs, you can check if you are eligible for the air drop. The eligibility criteria for the air drop were based on the amount of time you held Ethereum in your wallet, among other factors.
Once you have your ARBs, you can start using them on the Arbitrum network to pay for transactions and earn rewards.

What is the Future of ARBs?

The Arbitrum network and the ARB token are relatively new to the blockchain and crypto world. However, they have already garnered a lot of attention and interest from the community. The future of ARBs looks promising, with many developments and partnerships already in the pipeline.
One significant partnership that Arbitrum has recently announced is with Polygon (formerly Matic). As per the announcement, “Polygon and Offchain Labs (the team behind Arbitrum) will join forces to scale up decentralised applications and infrastructure in the blockchain ecosystem.” This partnership means that the two networks will be able to work together to provide better scaling solutions for the blockchain ecosystem.
Another development that is worth highlighting is that ARBs are currently being traded on various cryptocurrency exchanges, including Binance and Coinbase. The listing of ARBs on these exchanges is an excellent sign for the token’s future, as it means that more people will be able to buy and sell ARBs.

Conclusion

The Arbitrum air drop was a great way to incentivize users to start using the Arbitrum network and help grow the ecosystem. The fact that more than 990 million ARBs have been claimed shows that there is a significant interest in the network and the token. With the various partnerships and developments in the pipeline, the future of ARBs looks promising. If you are one of the lucky ones who received an air drop of ARBs, make sure to claim them and start using them on the Arbitrum network.

FAQs

#Q1. What is an air drop?

An air drop is a way to distribute tokens to a specific set of users. It is often used to incentivize users to use a particular blockchain or network.

#Q2. What is Arbitrum?

Arbitrum is a Layer 2 scaling solution that was launched on Ethereum’s mainnet in September 2021. It is an Optimistic Rollup that achieves high throughput and low fees without compromising security.

#Q3. What is the future of ARBs?

The future of ARBs looks promising, with many developments and partnerships already in the pipeline. The recent partnership with Polygon and the listing of ARBs on various cryptocurrency exchanges are some good signs for the token’s future.