According to the Arbitrum Foundation, the ARB will mark the official transition of Arbitrum to a decentralized autonomous organization (DAO), meaning ARB holders will be able to vote on key decisions governing Arbitrum One and Arbitrum Nova. “The Arbitrum DAO will have the power to control key decisions at the core protocol level, from how the chain’s technology is upgraded to how the chain’s revenue is used to support the ecosystem.”https://arbitrum.foundation/。

According to the Arbitrum Foundation, the ARB will mark the official transition of Arbitrum to a decentralized autonomous organization (DAO), meaning ARB holders will be able to vote on key decisions governing Arbitrum One and Arbitrum Nova. “The Arbitrum DAO will have the power to control key decisions at the core protocol level, from how the chain’s technology is upgraded to how the chain’s revenue is used to support the ecosystem.”

It is understood that Arbitrum worked with encryption analysis company Nansen to take a "snapshot" of user activity in February this year to determine who should be eligible to receive ARB tokens, depending on the following aspects:

• Cross-chain to Arbitrum: 1) You have transferred funds to Arbitrum One; 2) You have transferred funds to Arbitrum Nova;

• Trades in different time periods: 1) You traded in 2 different months; 2) You traded in 6 different months; 3) You traded in 9 different months;

• Frequency of transactions and interactions: 1) You made more than 4 transactions or interacted with more than 4 smart contracts; 2) You made more than 10 transactions or interacted with more than 10 smart contracts; 3) You made more than 10 transactions or interacted with more than 10 smart contracts; More than 25 transactions or interactions with more than 25 smart contracts; 4) You made more than 100 transactions or interacted with more than 100 smart contracts;

• Transaction value: 1) the total value of your transactions exceeds $10,000; 2) the total value of your transactions exceeds $50,000; 3) the total value of your transactions exceeds $250,000;

• Provide liquidity: 1) you have deposited more than $10,000 in liquid funds; 2) you have deposited more than $50,000 in liquid funds; 3) you have deposited more than $250,000 in liquid funds;

• Arbitrum Nova activity: 1) You made more than 3 trades; 2) You made more than 5 trades; 3) You made more than 10 trades.

1 point for each item, and the point system is used to determine the number of tokens that airdrop recipients can receive. Points criteria are primarily focused on Arbitrum One; however, a small subset of criteria applies to activity on Arbitrum Nova. Points earned on Arbitrum Nova can net users up to 4 points, or 1 point if they already have 4 or more points on Arbitrum One. Earn up to one point for each qualifying action taken before the snapshot date. Points are capped at 15 points. Additionally, since the entire airdrop is sized and designed to reward early adopters, credits earned before Arbitrum Nitro launch on the Arbitrum One mainnet (at least three) are worth twice as much as credits earned afterward. Arbitrum Nitro launched on the Arbitrum One mainnet at block #22207817. The number of tokens received by different points is as follows:

In addition, in order to prevent bots from taking advantage of the airdrop, some anti-sybil rules have been formulated: if the airdrop recipient's wallet transactions all occur within 48 hours, subtract 1 point; if the airdrop recipient's wallet balance is less than 0.005 ETH, and the wallet has no One point is subtracted for interacting with more than one smart contract; an airdrop recipient will be disqualified if their wallet address is identified as a Sybil address during the Hop Protocol bounty program.

It is understood that the total circulation of ARB will reach 10 billion. The Arbitrum community will receive 56% - the airdrop will give 11.5% of the total supply to eligible Arbitrum users, 1.1% to DAOs operating within the Arbitrum ecosystem, and the remaining community tokens will go to be controlled by the new Arbitrum DAO treasury, which will allow ARB holders to vote on how to allocate funds.

Another 44% of ARB's circulating supply will go to the team at Offchain Labs, the development company that built Arbitrum, as well as investors, a slightly higher percentage than its competitor Optimism (note: Optimism allocates 36% of its tokens to investors and core contributors ). CEO Goldfeder stated that the tokens held by the team will be locked.

The data shows that the current Aribtrum One network lock-up volume is 3.69 billion US dollars, and Layer 2 market share is close to 55%, ranking first.