Arbitrum Airdrop 2.0: Claim Your Share of 75 Million $ARB Tokens in The Arbitrum Odyssey 2.0

Jade Of Wallstreet
5 min readSep 30

--

Greetings, Plebs and fellow airdrop Pirates! I’m thrilled to share some exciting news from the world of Arbitrum with you. There’s been some recent development in the Arbitrum ecosystem that has caught my attention, and it involves a significant opportunity.

It appears that a staggering 69 million unclaimed $ARB tokens from the previous Arbitrum airdrop have made their way back to the Arbitrum DAO treasury. You can verify this in the tweet screenshot provided below.

Unclaimed $ARB returned to DAO treasury

While Arbitrum has officially denied any plans for an Arbitrum Airdrop 2.0, I’ve discovered some compelling reasons to believe that these unclaimed 69 million $ARB tokens will be utilized in the Arbitrum Short-term Incentive Program. This program received overwhelming support through a community vote on their snapshot page.

In this article, I’ll delve into why you should take this development seriously and how you can position yourself to participate in this second-phase Arbitrum Airdrop. But before we dive into that, let’s take note of some important dates:

  1. On August 17, 2023, Arbitrum announced that unclaimed $ARB tokens from the first airdrop would be placed into the DAO treasury. Interestingly, this announcement went largely unnoticed, with only 911 people seeing the tweet (as seen in the screenshot below).

2. On September 11, Arbitrum DAO proposed a new incentive program known as the “Arbitrum Short-term Incentive Program,” and it successfully passed.

3. Then, on September 19, Arbitrum announced the return of Arbitrum Odyssey. It’s worth noting that despite their official denials of a second Airdrop (as shown in the screenshot above), I, your trusted source Jadeofwallstreet, have been in this game long enough to see through their usual tactics.

After conducting extensive research, here’s what I’ve uncovered:

  1. There’s a second Airdrop in the works.
  2. The Arbitrum Short-term Incentive Program and the freshly announced Arbitrum Odyssey will be the components of this airdrop.
  3. The 75 million $ARB tokens allocated to the Arbitrum Short-term Incentive Program will be granted to projects participating in the new Arbitrum Odyssey, encouraging the use of existing Arbitrum decentralized applications (dApps).

There are 13 projects included in the Arbitrum Odyssey: Reignited. They are as follows

@GMX_IO

@AboardExchange

@tofuNFT

@Uniswap

@OfficialApeXdex

@1inch

@PremiaFinance

@BreederDodo

@Swapr_dapp

@Treasure_DAO

@BattleFlyGame

@handle_fi

& @SushiSwap

4. These participating projects will be required to distribute $ARB rewards to their users in $ARB tokens (Those participate in the Odyssey and earned the official badges).
5. To qualify for these grants, participating projects must meet specific eligibility requirements.

Now, let’s take a closer look at the Eligibility Requirements:

“Arrr, it seems someone be layin’ down the law for an airdrop, aye! Ye can’t be slippin’ past the notorious hunter that easily, me heartie!”

So, here’s the deal: every project featured on the new Arbitrum will receive these grants and will be required to distribute them as rewards to their respective communities (Keep in mind to qualify you have to use all participating protocols anew, complete all quests as they unlock on Arbitrum Odyssey page and mint all protocol badges).

Now, let’s discuss how you can participate. It’s simple:

  1. Visit the Arbitrum Odyssey page and explore the newly unveiled protocols. Currently, only one project, GMX, is accessible.
  2. Go to the GMX website CLICK HERE and place a trade on GMX, either long or short (ensure it’s not less than $5) You can close immediately after, if you don’t intend to risk it away.
  3. Navigate to the referral page (see screenshot) and input any keyword, preferably your popular username, to create a referral code/link. This process requires a gasless signing from your connected wallet, so no need to worry.

4. Click “The Twitter icon” and tweet about it.

5. Visit the Arbitrum Galxe page, CLICK HERE follow GMX on Twitter, and complete the 3rd quest with your Twitter post link and your connected wallet address.

6. Come back later to check if your quests have been approved. Once approved, you can mint your first badge. These badges will serve as evidence of your participation in the Odyssey and will determine the size of your AIRDROP based on how many protocols you were able to use.

Be sure to always check in the Odyssey page CLICK HERE for more unlocked protocols, you have until October 10 to fulfill the firsted unlocked quest which is GMX.

Don’t miss out on this exciting opportunity to claim your share of 75 million $ARB tokens in the Arbitrum Airdrop 2.0. Get started today and position yourself for success in the Arbitrum Odyssey 2.0!

I’ve crafted an ecosystem website to assist folks having trouble finding the right LayerZero protocol to dive into. Give it a look, and if you find my work helpful, feel free to drop a tip there: https://layer0dapps.spread.name/.

I remain Jadeofwallstreet, your humble pirate in crime! follow me on twitter I’ve another Alpha to drop in 9hours: https://twitter.com/MetisCharter

--

--

Jade Of Wallstreet

Blockchain writer | Ochain Data Sleugth | Advocate For young people in 🌍 | Experienced Defi Farmer, Research/Insight Analyst.