>Centralized Governance Token
>87% of the tokens going to insidors
>No use case, you can't even use it as gas token
>No need to be a team member to make a proposal, basically anyone can (In the DAO's Discord tho)
Use case: Make you liable for the actions of the DAO since it's a governance-only token,
Dem jeets claiming free money, good for y'all tho.
Jeets gmi.
Do I get an airdrop if I bridged to arbitrum on gains trade?
found the jeet
90% of all the activity on Arbitrum was airdrop farming. Now that its happened there is no need for everyone to move around funds on a subpar chain. Down only
Haha I already sold off and left chain
>>87% of the tokens going to insidors
The absolute state of decentralization on Ethereum kek
its the same with all the high profile airdrop tokens. uni and opt were no different...token not needed does not mean token won't pump.
Who with a decent IQ and basic math knowledge will buy a token that is 87% spread between insiders? It's basic maths dude.
gmi, milking the shit outta those dumb VCs.
all the insider tokens pump you fucking brainlet
oh that makes too much sense, you just convinced me of spending all of my savings in ur shitty scam
Is this your first day anon? Have you heard about chain link yet?
>Who with a decent IQ and basic math knowledge will buy a token that is 87% spread between insiders? It's basic maths dude.
Future bagholders that's who (except they don't have a decent IQ or math knowledge) people are retarded anon, the sooner you learn that the sooner you can get rich off their retardation.
>Who with a decent IQ and basic math knowledge will buy a token that is 87% spread between insiders? It's basic maths dude.
the 95% of crypto that doesn't have a decent IQ and basic math knowledge. you fundamental nerds are gonna keep getting rekt
This. Retards gonna get mad they didn't get an airdrop and fomo
Anti-sibyl recking so many jeet parasites (parajeets) has been beautiful to watch.
The seethe percolating from their every post.
You can taste the curry.
curry is good tho, I love curry chicken (made at home by my beautiful wife, not a street-shitting jeet)
go ask in their discord, maybe you can also make a super important governance proposal to seize the opportunity
sometimes you have to crack a couple pajeets to make a curry
too late to do tasks now to the 23rd?
the only thing i didnt do was interact with a Defi Game. Also i dont think i had sequencial weeks of txns, loads of TX one week but no TX the next, then loads of TX the week after that
I have 2000, are these going to be worth anything?
>got the UNI airdrop
>assumed it would plumet
>sold at $4
>proceeded to rise to $40
lets just say this. Arbitrum is the only network of all the networks ive airdrop-farmed that i have used organically since december to now, and not only with breadcrumb cash, so no airdropfarming from my part needed really.
if im not getting the airdrop for missing to play games or not using some kind of niche vault options im nuking Arbitrum HQ
This, I use Arbitrum for the low fees, high liquidity and instant tx. I see no real reason to go back on ETH main chain, let alone use some shitty alt L1.
I don't really understand why people keep buying crap like SOL or Cardano, it's officially game over, that said the space if choke full of retards and dumb money who made me rich in the first place. The competition we'll see from now on will be between ethereum L2s (Optimism, Arbi, Zksync, etc...).
I didn't even believe they would do an airdrop for Arbitrum as a matter of fact.
same im unironically surprised, wasnt expecting an ardrop, and certainly not this early
Best case scenario about as much as OP.
Uni had 1b supply, this has 5
10*
and it launches with like 1.5.
You fucking retards still dont understand FDV after all these years
1.1b tokens...
If this gets to the current UNI market cap, that's ~$4 a token, is a 2nd layer governance token worth as much as the most used exchange?
the answer is no. It's worth more
> is a 2nd layer governance token worth as much as the most used exchange
FUD, arbitrum is by far the LARGEST layer2 solution currently in existence, not just “some l2”
Just trying to get a feel for it. If it matches Polygon's cap, it's looking at $8 a token which would be insane but that's a utility token. I'm hyping myself up too much for something I didn't know was happening an hour ago, should probably stop
How much do I realistically need to put onto Arbitrum to cover the claim transaction, a couple of DEX swaps and a send? Arbitrum was fucking expensive when I used it shortly after launch.
the remaining 13% are supposed to be the exit liquidity for the insidors? sorry, im not buying your shit rajesh
>no funds on arbitrum
>probably not enough on other chains to use a bridge
Claiming this is going to be a ball ache. I knew I should have kept $10-15 of tokens on every chain I used when I exited Crypto...
I was cut of literally by 2 weeks. I made 127 tx in total, burned gas on official and not bridges, staked, pooled, minted useless nfts, went into every shithole project and literally JUST TODAY bought this fucking worthless oddysea NFT for $25 and just as I woke up they release the drop info and I'm fucking out. Imagine being me. Feel like unironically roping myself, I put so much hope into it and the demiurge ruined it again.
It really will be ok, man. Sucks, but life will go on for you. I missed the uni airdrop by a couple of weeks, too.
Just calculated if they moved it by a fucking month I would've had 8 checkmarks. I hope zksync wouldn't fuck me over at least, if I blow that one as well I'm going to rope in the woods and fuck this cringe market.
Based KULT enjoyer. It's all a veil. Keys is the only short term exit and pain relief
I'm not asking for anything fuck off cunt
stop begging pajeet
hey this thread smells like curry
arbitrum is the new curry chain tbh
I'm getting 3250, will the $2 of ETH I have on Arbirtrum be enough to claim?
Sure. Gas fees are roughly a few percent of those on mainnet.
Don’t support this scam, insiders are gonna gigadump everything on you
Cringe cope, most of the supply is locked for a year
this will turn out like uniswap. everyone will dump cz will buy and soon enough arbitrum is ported over to BNB lol
How is that useless cashgrab still around? Is Arbitrum actually the best scaling solution for Ethereum? That'd be pitiful
>I know your posting style
take your meds you absolute schizo retard
Arbitrum token? kek why?
it has worked fine for years with no token. VCs must be poor now that SVB went under and they need to fund raise
Blatant cash grab. I remember Ed Felton saying that no token is needed but I guess the dao governance meme was too hard to resist. They rode chainlinks coattails and were supposed to be partners but its been radio silent and absolutely nothing since smartcons annual FSS presentation. Sergey better not do them any more favors and forces them to use scale/build with the rest of the shitcoins
and they are doing a spot with those bankless scammers the guys that shilled SBF kek what a bunch of grifters
suck it, nerds
wtf i know i used this way before you niggas did. why am i getting such a pitiful amount??
i'll never get rich off this
Space ID also doing airdrop at the end of march, WAGMI
abundance mindset bro
Arbitrum launchday dump will ofc happen but will probably be bought up quickly and ARB will send to the moon untill late next bullrun top in 2025 or whatever.
no one sell till its $10 and then sell
thank god I used arbitrum a few times gimme dat airdrop god I need money so bad right now even if its $20 I'm happy
I guess 20$ is a lot of money in India, you and all the people in your village will be able to eat this week
almost 4 month's wages in Venezuela
more arb coming to those who have used stuff like gmx:
https://www.nansen.ai/research/an-on-chain-distribution-model-for-the-arbitrum-community
KEK
Press F for Honeybros
Who here 8500-10250 tokens megachad?
Wonder what the percentage of people completely unaware of this will be, especially at < 1250 who are probably people who dabbled in the chain a single time.
Me :>
I'm in 5750-6500
I didn't even do that much degeneracy and have been pretty inactive on arb for the last 6+ months.
Can't wait to get dumped on by the team and their investors
teams tokens are locked for a year
10k eligible here. Need to check my other wallets though
2500
3700
5200
for three wallets I have been using regularly since arb first started thanks to chico crypto
>500k+ addresses
This obviously got sybiled to death, I really doubt there are more than 100k active users on Arbitrum. Too bad, they just had to copy Hop and Optimism airdrop. Some idiots are bragging about it on twitter (and a few are seething they got caught).
It's intentional anon. The people planning the airdrop sybil it themselves long in advance to ensure they own everything lol
what's your plan with ARB? also thanks for the charts
Hard to have a plan right now, but my hope is I sell
33% at 1 dollar
33% at 2
33% at 3
and try to buy it all back at 33c
2-3 dollars sound like a pipe dream, but I guess if the market starts moving as well a lot can happen in this clown market
I'll keep at least 20% for 6-9 months in case any retarded hated rally move up happens afterwards
50c would make me happy.
Looking at the sheer number of wallets, can't see this exploding out the gates like Uni did.
16k baby, feels too damn good
Got the max 10250 on my main wallet and another 3250 on a different wallet.
>Imagine using Arbitrum
>every single transaction I made was on Feb. 6 and 7
Just fucking end me
They don't even know what they are doing, at this point the only difference between banks and arbitrum are the jeets.
what a fucking useless token.
The only thing to gamble on is a uniswap type exit pump, remember a few months after launch is went +1 a day for 30 days straight.
Yeah but uniswap was actually groundbreaking and used highly by the community.
>used highly by the community.
so is Arbitrum
https://l2beat.com/scaling/tvl
Anons, Arbitrum was shilled by the Schizoid Nazis in an elaborate confidence scam. The Schizoid Nazis ~~*S.N.*~~ targeted the VCs by posting that MEV will be defeated by Arbitrum.
MEV is how they rip you off when you use Ethereum. Arbitrum has a sequencer they profit off of. It's basically the same thing.
The very mention of MEV sent the VCs into a murderous killing frenzy.
They tried to SHUT IT DOWN and when that failed, in their last dying breath, they threw so much money at the Arbitrum team Ed Felten broke out in a rash and Steven Goldfeder collapsed on the floor convulsing in an epileptic fit.
But they were all of them deceived for Arbitrum is the most illiquid environment imaginable. A veritable Tartarus.
The Schizoid Nazis false flagged the death of MEV to trap the VCs on Arbitrum.
Now they and their capital will rot on layer two thanks largely to the efforts of the based Schizoid Nazis. The seven Schizoid Nazis that told me signed the blockchain in blood then commited seppuku, god rest their souls.
Do not bridge your assets to layer two. Let the VC scammers and their capital rest in piss.
Sounds like bullshit but I believe it.