DAOs Receive Millions in Airdrop on Arbitrum Ecosystem
- DAOs building on Arbitrum have received millions of dollars in a separate airdrop distribution.
- The airdrop incentivizes DAOs to continue innovating and creating value on the network.
- The success of Layer 2 solutions like Arbitrum depends on addressing critical issues such as security and decentralization.
DAOs building applications on the Arbitrum ecosystem have received millions of dollars in a separate airdrop distribution. The airdrop distribution was based on factors such as when the protocol launched, whether it was native or multichain, how much TVL, activity, transaction volume, and value of transactions.
The total amount of the airdrop distribution was 112,834,000, with the top three DAOs being Treasure, GMX, and Uniswap, which received 8 million, 8 million, and 4,378,188, respectively. Other DAOs that received significant amounts included SushiSwap, DopeX, Curve, and Balancer.
The airdrop is a testament to the growth of the Arbitrum ecosystem and the strong community of DAOs building on it. It incentivizes these DAOs to continue innovating and creating value on the network, which in turn benefits the entire DeFi ecosystem.
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