Arbitrum: The Odyssey Program
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Arbitrum is a layer 2 Ethereum scaling solution that aims at boosting Ethereum's transactional throughput and minimizing transaction fees at the same time. With over 260 dApps deployed and over USD 2 billion in TVL, Arbitrum takes one of the leading positions among L2 platforms on Ethereum.
What is Arbitrum Odyssey?
Arbitrum Odyssey is a large-scale NFT drop event that will start on June 21st, 2022 1:00 PM EST and last for 8 weeks. During this period, users will be able to utilize different on-chain Arbitrum projects taking part in this event. At the end of this journey, users will be rewarded with unique NFTs that can be used for further airdrop distributions.
Each of the 8 weeks is dedicated to certain projects taking part in this initiative; bridges, exchanges, and on-ramps. Users will complete different tasks on-chain to get rewards. For instance, they will have to make a swap on a certain platform, provide liquidity on another, and so on.
The Journey Begins
The first week will involve onboarding ETH into Arbitrum via any of the bridges & fiat-on-ramps below. Users that use the bridge that ends up getting the most volume at the end of the week will also be able to claim a bonus NFT.
Note: the official Arbitrum bridge is not included in this initiative.”
Once onboarding week is over, the journey will begin and every week for 7 weeks, 2 projects will task their users to complete an on-chain task specific to their protocol.
Users will be able to claim Arbi-verse NFTs for completion of every task, representing their involvement in this initiative. Claims will take place on Project Galaxy’s website here. (The mints will be completely free, but you will need ETH on Arbitrum to pay the transactions fee to claim the free NFT).
If a user collects at least 13 of the 16 NFTs throughout this journey, they will receive a final Ratwell & Sugoi-designed NFT indicating the completion of their journey into the Arbi-verse.
If at any point you lose sight of what your mission is or need any assistance, report to Arbitrum base command here.
Arbitrum is an L2 optimistic rollup scaling solution for Ethereum, offering a unique combination of benefits:
- Trustless security: security rooted in Ethereum, with any one party able to ensure correct Layer 2 results
- Compatibility with Ethereum: able to run unmodified EVM contracts and unmodified Ethereum transactions
- Scalability: moving contracts’ computation and storage off of the main Ethereum chain, allowing much higher throughput
- Minimum cost: designed and engineered to minimize the L1 gas footprint of the system, minimizing per-transaction cost.
Arbitrum is launching a new event - the NFT drop - which will last for 2 months, engaging users in utilizing multiple on-chain Arbitrum platforms by completing different tasks. By joining this even you have a chance to win 17 exclusive NFTs designed by the illustrious crypto-renowned artist Ratwell and Sugoi plus possible airdrop for participants.
21 Jun 2022 03:00(UTC+3) - 21 Aug 2022 03:00(UTC+3)