Methods and operation tutorials for participating in the Arbitrum One airdrop

Arbitrum announced that on March 23 next year, Arbitrum One and ArbitrumNova networks will launch DAO governance and the governance token ARB will be airdropped to community members. This news made the community excited and also caused the price of ARB coins to increase. But for novices, they have only heard of airdrops, but don’t know how ArbitrumOne can participate in airdrops? It is very important to understand the specific rules for participating in airdrops. Generally speaking, users can determine whether they have the opportunity to participate in airdrops by checking the points earned on ArbitrumOne. The following editor will explain the airdrop operation process in detail.

How does ArbitrumOne participate in the airdrop?

The ArbitrumOne airdrop operation will be a bit complicated. It is recommended that investors prepare their wallets and browsers first. The following is a detailed explanation of the tutorial:

Preparation:

• 1. Google Chrome Browser
• 2Meta Mask Little Fox Wallet
• 3. Deposit 0.05 ETH in the Little Fox Wallet (if you need to swipe multiple accounts, you need to create multiple small Fox wallet address, and each address deposits 0.05 ETH)

Interaction:

1. Open "http://bridge.arbitrum.io/" in the browser ”, click [Iagree]

2. Log in to the Little Fox wallet and select [Custom RPC]

3. Fill in the following parameters in order and save: network name, new RPCURL, chain ID, code, block browsing URL. After the addition is successful, we will see the "Arb1" network.

#4. The next operation is to deposit L1’s Ethereum assets into L2’s Arbitrum, so we first switch the wallet to the ETH mainnet.

5. In the interface, we can see the balance of the ETH main network, enter the amount transferred to the second-layer network Arbitrum, and then Click [deposit]. It reminds that the payment process may take about 10 minutes, so we click [PROCEED]. At this time, the little fox will pop up the asset bridge cross-chain gas fee and the total transaction amount. After checking that it is correct, we click [Confirm].

6. After the transfer is successful, we will see the transaction ID and L2 balance below

7. L2 network uses DAPP, open the ArbitrumOne portal: click [portal]

8. Taking UNISWAP as an example, click on the LOGO to enter UNISWAP, and log in to the ArbitrumONE (Arb1) layer 2 network.

9. After confirmation on the interface, Arbitrum’s LOGO will be displayed, as well as the cross-chain assets:

10. Choose to exchange assets, click exchange and confirm on Xiaofox. We will find that the handling fee of the second-tier network is quite cheap.

11. Transfer the assets from L2 back to L1, but it should be noted that there is a 7-day waiting period for the funds transferred back. Return to "https://bridge.arbitrum.io/", the little fox logs into the Arb1 second-layer network and enters the number of crosses. Click "withdraw" and "PROCEED" on the interface to execute, and confirm it in the Xiaofox wallet.

What are the rules for Arbitrum One to participate in the airdrop?

Arbitrum airdrop rules refer to the rules for projects to distribute tokens to investors for free under certain conditions. Typically, airdrop tokens are distributed based on the original number of tokens held by investors at a specific point in time. This rule provides investors with the opportunity to obtain additional income, and is also a way for project parties to conduct market promotion and community building.

Arbitrum has developed a points system with a maximum point limit of 15 points. The points criteria primarily track user activity on Arbitrum One, with a small portion of the criteria applying to activity on ArbitrumNova. Arbitrum Nova users receive 4 points (if they already have 4 points or above on Arbitrum, an additional 1 point will be added). Specific conditions for earning points on ArbitrumOne:

1. Transition funds to decision one, trades in two different months, trades in different six-month periods, trades within nine months

2. Conducted more than four transactions or interacted with more than four different smart contracts, conducted more than ten transactions or interacted with more than ten different smart contracts, conducted more than 25 transactions, or Interact with more than 25 different smart contracts, conduct more than 100 transactions or interact with more than 100 different smart contracts, conduct transactions with a total value of more than $10,000, conduct transactions with a total value of more than $50,000, conduct transactions with a total value of more than 250,000 USD transactions,

3. Deposit more than $10,000 in liquidity through Arbitrum, deposit more than $50,000 in Arbitrum, and deposit more than $250,000 in Arbitrum.

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