You can claim up to $14000 dollars at $1.4 ARB per Tokens of free money. I will show you how to claim step by step.

What is Arbitrum?

Arbitrum is a layer 2 solution designed to improve the capabilities of Ethereum smart contracts — boosting their speed and scalability, while adding in additional privacy features to boot. It uses optimistic rollups to achieve its goal of improving speed, scalability and cost-efficiency on Ethereum. The platform is designed to allow developers to easily run unmodified Ethereum Virtual Machine (EVM) contracts and Ethereum transactions on a second layer, while still benefiting from Ethereum's excellent layer 1 security.

Arbitrum has an ambitious roadmap for 2023, which includes: Launching its own layer-three solution called Orbit; Enabling developers to deploy programs written in popular programming languages like Rust, C++, and more using Stylus; Expanding its validator set to include more independent institutional validators; Moving its protocol to layer two with Arbitrum One.

As predicted, Arbitrum has finally confirmed to launch an own token called “ARB” and will airdrop free tokens to early users based on certain criteria. A total of 1.162 Billion ARB has been allocated for the airdrop. The claim will go live on March 23rd and see the steps below to check whether you’re eligible to receive one of the biggest airdrops ever. ARB will be listed on Binance when the claim goes live so that the users can trade immediately. The token will be airdropped to early users and DAOs building on Arbitrum, with 12.75% of the total supply to be distributed. Recipients were rewarded on a point-based system depending on their interaction with the Arbitrum network until a cutoff date of March 1, 2023.

Arbitrum also has a vibrant ecosystem of DApps, wallets, tools and partners that make it one of the leading scaling solutions for Ethereum.

Arbitrum Airdrop Eligibility
Here is the list of Arbitrum Airdrop Eligibility Criteria. You just need to meet one of these criteria to be eligible:
1) Bridged funds into Arbitrum One (You’ve bridged funds into Arbitrum One.
You’ve bridged funds into Arbitrum Nova)
2) Conducted transactions during two distinct months (You’ve conducted transactions during 2 distinct months
You’ve conducted transactions during 6 distinct months.
You’ve conducted transactions during 9 distinct months)
3) Completed more than 4 transactions or interacted with more than 4 different smart contracts (You’ve conducted more than 4 transactions OR interacted with more than 4 smart contracts.
You’ve conducted more than 10 transactions OR interacted with more than 10 smart contracts.
You’ve conducted more than 25 transactions OR interacted with more than 25 smart contracts.
You’ve conducted more than 100 transactions OR interacted with more than 100 smart contracts)
4) Completed transactions exceeding in the aggregate $10,000 in value (You’ve conducted transactions with more than $10,000 in aggregate value.
You’ve conducted transactions with more than $50,000 in aggregate value.
You’ve conducted transactions with more than $250,000 in aggregate value)
5) Deposited more than $50,000 of liquidity into Arbitrum
6) Bridged funds into Arbitrum Nova (You’ve deposited more than $10,000 of assets.
You’ve deposited more than $50,000 of assets.
You’ve deposited more than $250,000 of assets)
7) Completed more than three transactions on Arbitrum Nova. (Points scored (minimum of three) before Arbitrum Nitro launched are worth double. Sybil detection criteria was also used and affected eligibility.)

A points system was used to determine the number of tokens a user can claim with the maximum being 10,200 ARB per wallet. There will also be future airdrops for users who continue to use the Arbitrum ecosystem similar to the Optimsm airdrop. So continue using dApps built on Arbitrum like Vela Exchange and GMX to receive future airdrops.

How to Claim ARB Airdrops Step-by-Step Guide:
Next, I will show you how to Claim ARB Airdrops using a Step-by-Step. I will guide you through it.
Visit the Official Arbitrum airdrop claim page at Arbitrum Foundation at https://arbitrum.foundation/.
Connect your wallet. I will be connecting my Metamask wallet. They support Rainbow, Coinbase Wllet, WalletConnect, Trust Wallet and Ledger Live wallets as well.
Now click on “Check Eligibility”. Again here are the eligibility list:
1) Bridged funds into Arbitrum One
2) Conducted transactions during two distinct months
3) Completed more than 4 transactions or interacted with more than 4 different smart contracts
4) Completed transactions exceeding in the aggregate $10,000 in value
5) Deposited more than $50,000 of liquidity into Arbitrum
6) Bridged funds into Arbitrum Nova
7) Completed more than three transactions on Arbitrum Nova
If you’re eligible then click on “Start claiming”. As you can see from the video, I am eligible for 1125 ARB tokens worth $1500 at $1.4 per ARB token. I was eligible based on Bridged to Arbitrum, Transactions over time, Transaction frequency and interaction, Transaction value. I was not eligible for assets Bridged to Arbitrum one, Activity on Arbitrum NOVA.

Now select a delegator or delegate it to yourself to claim the tokens. I selected Delegate with 9.38 Million ARB token delegator. Delegator can vote in behalf of you for Arbitrum foundation proposals.

Here are the 6 eligibility criteria:
Multiple qualifying actions were taken into account to determine the eligibility of a user.
1) Bridged funds into Arbitrum One
2) Conducted transactions during two distinct months.
3) Completed more than 4 transactions or interacted with more than 4 different smart contracts.
4) Completed transactions exceeding in the aggregate $10,000 in value.
5) Deposited more than $50,000 of liquidity into Arbitrum
Bridged funds into Arbitrum Nova.
6) Completed more than three transactions on Arbitrum Nova.

Check the below link see the detailed eligibility criteria.
To be eligible a snapshot of eligible users was taken on February 6th, 2023 at block height #58642080.
There’s no need to rush because eligible users have 6 months to claim their tokens. You must claim within 6 months of airdrop date of 3/23/2023.

I claimed ARB tokens right away. As you can see there are 1124 ARB tokens in my Metamask wallet on Arbitrum Chain. During the claim process, I had to sign one trasaction without paying any gas fee. Then I paid $0.34 in gas fee to the second transaction complete the claiming of ARB tokens. Make sure to select the lowest gas fees option if not you will pay default 0.34 ETH. That is crazy gas fee by default Metamask wallet. After that second transaction, my 1124 ARB tokens appeared on my Metamask wallet.

For more information regarding the airdrop, see Arbitrium Foundation Document link below.

Arb Price Prediction based on Optimism Airdrop History

In order to not forget to claim my airdrop before it expires from 6 months from date of 3/23/2023, I claimed it right away. I would not sell ARB tokens right away because it was initially trading at $9 and now dropped to $1.4. With any new airdrop, right after tokens are availiale for claim there is rush to sell them as soon as airdrop claim is availiable. This large amount of drop will tank the price for few weeks right after any airdrop. Think about what happeneds after Uniswap airdrop or Optimism airdrop. Just like Optimism, it was initally trading at $3 and dropped to $0.40 after airdrop but now as able to recover at $2.50. I am expecting the same for ARB tokens to Go up to $6-7 range in few months depending on all the activity on Arbitrum Foundation proposals.

Arbitrum Trading DEX and CEX
ARB is now tradable on major centralized exchanges like Binance, KuCoin, Huobi, OKX, Gate.io, Kraken, Bybit, OKX, Bitget, Phemex, MexC, BitMart, Helix, and Wazirx and dozen other little exchanges as well. It is also tradable in Decentralized exchanges like Uniswap, Sushiswap and KyberSwap. Uniswap V3 on Arbitrum chain has $500,000 trading volume.

Conclusion

I like the fact the Arbitrium foundation ARB token claim process was very easy. It is great they give us 6 months to claim. Most of us will forget even we have ARB tokens to claim. As I said ealier I would not sell ARB tokens right away because there will be so much selling pressure on ARB tokens right after the airdrop claim. I would wait few months when Arbitrum foundation announce major project that will pump the tokens price to $6-$7 range. If you want to swap, I would use a Uniswap or other DEX to swap it out. As a rule of thumb do not keep funds in Centralized exchange. I like the facts I would pay swap fees to DEX liquidity providers than giving to Centralized exchanges. If you want know about a great Arbitrum exclusive DEX where you can deposit MIM and USDC stable coin and earn upto 40% APY, go to Camelot.exchange. I have provided video of Camelot Exchange below. As a safety precious, after interacting always close unlimited contract interactions with any DEX or Bridge. Always use a Hardware wallet to store your crypto that you cannot afford to lose because of hacks. I have a Ledger Hardware wallet video link provided below to see how to use Ledger Nano S to secure your cryptos. Beaware of other Airdrop claiming sites that let you claim Arbitrum airdrops. Those airdrop sites are fake and will use smart contract exploits to steal your funds. There will be future Arbitrum Airdrops so follow the Airdrop eligibilities if you are not eligible in this round of airdrops.

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