To support selected DAOs, Arbitrum will distribute 113 million ARB tokens, or 1.13% of its initial supply. This is 90% less than the allocation for airdrop that targets wallets.
In order to select eligible DAOs, the Arbitrum team considered a number of factors that demonstrate the involvement of this or that DAO in the ecosystem, its activity, size and other metrics:Factors considered for distributing tokens to DAO treasuries on Arbitrum included: deployment date, whether it’s multi-chain or Arbitrum-native, transaction volume & value, TVL, and native liquidity moved to the ecosystem. Duration was also taken into account.
As covered by U.Today previously, Arbitrum will disribute 1.16 billion tokens between its users on March 23, 2023. This is one of the most anticipated events of Q1, 2023, in crypto: ARB tokens are already traded on OTC while major CEXes launched Arbitrum's IoUs.
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