Arbitrum is one of the blockchain layer 2 which was launched on August 31, 2021 by Offchain Labs. A number of decentralized finance (defi) tops, such as Aave, Balancer, Protocol band, curve, sushiswap, and uniswap have used or want to use arbitrum to improve production and reduce costs for users.
Arbitrum is a layer 2 solution designed to improve the capability of Smart Contract Ethereum – increasing its speed and scalability, while adding additional privacy features in addition.
Arbitrum recently made the airdrop world uproar because of the issue of ‘release token’ through their airdrop.
If you have ever made a transaction with Arbitrum Chain, then you have the opportunity to get their reward token.
Token $ARB has a total supply of 10 billion of $ARB. The amount to be used for “Airdrop” is 11.7% of the total supply token or around 1.17 billion of ARB.
If we look at the previous blockchain layer 2, namely Optimism which has a total supply of 4.29 billion $ op and the number of TVL $ 932 million. Optimism has ever done an airdrop with even more amounts.
- ArbitrumAirdrop Allocation for Optimism is 11.7% of Total Supply
- optimismAirdrop Allocation for Optimism is 19% of Total Supply
- optimism TVL is $932 Million
- Arbitrum TV is $1.67 billion
If you look at a larger TVL and Airdrop distribution that is less than the Optimism $OP, the probability of the price of $ARB tokens will be greater than $OP.
Maybe the price after the listing will be 2x from $op???
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