Contents
- Check out the wallet that benefited from 12 crypto airdrops
- ARB IoUs are already available at major CEXs: What you should know
Here’s how much the smartest wallets earn
Vladislav Sopov
One really smart cryptocurrency wallet managed to win rewards of at least 12 (!) retroactive DeFi and NFT airdrops
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Amid the Arbitrum (ARB) euphoria, retroactive crypto airdrops (“retrodrops”) are once again in the spotlight of crypto enthusiasts. Designed to introduce Web3 products to crypto users, such promotions are set to reward “early bird” customers for their activity: transactions, deposits, swaps, NFT claims, tokenized domain ordering, and so on.
Check out the wallet that benefited from 12 crypto airdrops
Today, March 20, 2023, cryptocurrency analysts from the Lookonchain team published the list of the most successful airdrop hunters. The teams behind the listed wallets masterfully chose strategies and received impressive rewards for their activity.
The most successful wallet of the cohort belongs to cp0x, a veteran community of DeFi enthusiasts, educators, entrepreneurs, investors and blockchain validators. Besides grabbing the maximum allocation for the upcoming Arbitrum (ARB) airdrop, they managed to get rewards from Optimism (OP), OpenDAO (SOS), Blur (BLUR), LooksRare (LOOKS), Ethereum Name System (ENS), dYdX (DYDX) ), 1Inch Protocol (1INCH), Uniswap (UNI), Hop Protocol (HOP), Ampleforth (FORTH) and Gitcoin (GTC), i.e. from all the top promotions of the past months.
As such, this team scored a minimum of $277,477 plus the much-anticipated bonus from the Arbitrum (ARB) distribution taking place this week. This is almost 14% higher than its closest competitor, the team behind the cryptojohnboone.eth wallet.
As covered by U.Today previously, Arbitrum (ARB) will be distributing 1.16 billion of its initial tokens on March 23rd. According to estimates by some analysts, the initial value of the drop for the Tier 1 recipients could be equal to $15,000-$20,000.
ARB IoUs are already available at major CEXs: What you should know
Ahead of the long-awaited distribution, many exchanges have already announced the upcoming listing of ARB tokens in pairs with US Dollar Tether (USDT), the largest stablecoin.
So far, Binance (BNB), Huobi (HT), MEXC Global and OKX (OKB) have made such announcements. As such, some airdrop hunters will be able to sell their bonuses immediately.
HotBit and XT.com exchanges also listed ARB “IoUs”, synthetic assets linked to the “future” ARB price. Prices in ARB/USDT pairs rose above $13 yesterday.
However, such IoUs cannot be exchanged for “real” ARB tokens. In addition, they cannot be transferred between exchanges.
