Arbitrum’s ARB token signifies the start of airdrop season — Here are 5 to look out for

Arbitrum builders introduced an airdrop of its governance token, ARB, to eligible customers and DAOs on the Ethereum layer-2 platform. The common consumer obtained round 625 ARB tokens, which corresponds to round $625 to $1,250, in response to pre-launch buying and selling costs and widespread estimations.

The prospect of incomes free cash has instilled pleasure round customers trying to hunt the subsequent airdrop alternative. The airdrop farming exercise additionally advantages the protocols by attracting liquidity and utilization to the platform. The technique is working nicely for each protocol builders and customers.

Furthermore, a staff’s sale of a protocol’s token invokes securities legal guidelines, inducing vital authorized threat for the creating groups. Thus, it’s cheap to imagine that future protocols will use the identical technique to decentralize their protocols.

Listed below are 5 potential airdrop alternatives for this 12 months.

zkSync Period

zkSync Period is a layer-2 rollup on Ethereum primarily based on zero-knowledge (ZK) proof know-how. Consultants, together with Ethereum co-founder Vitalik Buterin, have argued that zk-based EVM-compatible rollups might be a game-changer know-how with excessive scalability and throughput, resulting in mass adoption.

zkSync has the added benefit of being appropriate with the Ethereum Digital Machine, which permits entry to the blockchain by means of MetaMask pockets itself.

Matter Labs, the staff behind zkSync, raised $200 million in December 2022 in a Sequence C funding spherical led by Blockchain Capital and Dragonfly. Main decentralized functions on Ethereum like Chainlink, Uniswap and Aave have signaled intent to launch on zkSync.

On Feb. 16, Matter Labs opened the floodgates for registered tasks to deploy their code on the zkSync mainnet. The general public deposits will begin shortly. Customers trying to maximize their possibilities of gaining an airdrop will look to enhance their on-chain footprint on the mainnet.


Starknet is one other ZK-based Ethereum rollup that helps decentralized functions. StarkWare, the creating agency behind Starknet, has confirmed a STARK token and its utility in decentralizing the Ethereum layer-2 community.

The staff has beforehand labored on StarkEx, an Ethereum scaling engine utilized by impartial Layer-2 options like Sorare, ImmutableX and dYdX. The success of its earlier tasks instills confidence within the success of Starknet.

StarkWare launched the Starknet mainnet in November. The full deposits on Starknet jumped 45% to $2.49 million after the Aribtrum token launch announcement as customers rushed to farm the subsequent airdrop. On-chain analytics agency Nansen witnessed report deposits of $3.4 million Ether(ETH) and Dai (DAI) on March 17 to the Starknet ecosystem.

Each day flows to/from Starknet. Supply: Nansen


Scroll, branded as a “true zkEVM,” is one other zk-Rollup Ethereum layer 2. It’s much like zkSync Period, which comes with full EVM compatibility. The venture raised $30 million in April 2022 in an funding spherical led by Polychain Capital.

The blockchain is developed by Ye Zhang, a Ph.D. pupil at New York College. Scroll’s design replicates the identical model of the Ethereum Digital Machine as used on mainnet, making it simpler for current Ethereum builders to deploy code on Scroll, in comparison with options like zkSync and Polygon’s zkEVM.

On February 28, the Scroll staff launched on the Ethereum Goerli testnet, enabling public testing exercise. Based on the staff, over 100,000 customers accessed the earlier testnet model of Scroll. The mainnet launch is scheduled for late 2023.

Associated: Assault of the zkEVMs! Crypto’s 10x second

Sui Community

Sui Community is a Transfer-based layer-1 blockchain, much like Aptos, born from the ashes of Meta’s failed blockchain venture, Libra. Evan Cheng, who previously headed Meta’s crypto pockets analysis and improvement unit, turned the CEO of Mysten Labs, the staff creating Sui.

Aptos Labs launched the blockchain’s native token, APT, on October 18, airdropping 20 million tokens to eligible customers who minted a selected NFT on the Aptos testnet. On launch day, the airdrop was value over $1,500. Sui testnet customers can anticipate an analogous airdrop upon mainnet launch in Q2 2023.

On March 21, Mysten Labs launched a Wave to Mainnet marketing campaign, together with a “collection of occasions and content material to additional educate the neighborhood in regards to the potential for Sui protocol.” Collaborating within the Sui campaigns and creating a digital footprint on the testnet may enhance the possibilities of incomes a future airdrop.

Sei Community

Sei Community is a Cosmos-based layer 1 blockchain focusing primarily on DeFi and high-frequency buying and selling functions.

The blockchain includes primary functions resembling an order-matching engine and a unified liquidity mannequin throughout the platform to boost buying and selling expertise. The venture is backed by trade heavyweights like Multicoin Capital, Coinbase Ventures and Delphi Digital.

The staff launched its incentivized testnet in Q2 2022 with varied mission and NFT minting campaigns alongside the way in which. Customers who participated in these occasions will doubtless obtain an airdrop upon mainnet launch. The staff has hinted the launch will occur shortly.