Inventory of DAO trends that have received ARB airdrops: Balancer, Radiant, Stargate DAO……

DAO trends that have received ARB airdrops: Balancer, Radiant, Stargate DAO...

Castle Capital researchers unex, Amir Ormu, and Atomist analyzed the on-chain behavior of DAOs that received the Arbitrum airdrop. Currently, the majority of airdropped tokens remain idle within the projects, with only a few choosing to sell them. However, the funds are often used to stimulate growth, indirectly benefiting the entire Arbitrum ecosystem.

1) Balancer’s management initiated and approved a proposal to distribute 1 million ARB tokens as a reward for active liquidity providers and suggest deploying the remaining 2 million tokens to POL (protocol-owned liquidity); 2) Radiant has also approved a governance proposal (RFP-18) regarding the airdrop it received. According to the proposal, 40% will be allocated as an airdrop to new dLP lockup users for a period of 6-12 months, 30% to dLP lockup users on Arbitrum, and 30% as a strategic reserve for future DAO use; 3) Stargate DAO’s latest proposal on ARB tokens has also been approved, allowing the DAO to use 70% of the tokens for Arbitrum liquidity mining rewards and complete all STG releases. The remaining 30% will be allocated to partners to promote the development of the Arbitrum and Stargate ecosystems;

4) TreasureDAO’s management forum has also proposed an interesting proposal about ARB tokens, stating that 2 million ARB tokens will be used to reward contributing game builders, including The Beacon, Realm, Tales of Elleria, and Knights of the Ether game studios; 5) Dopex founder ztokchad previously stated on Discord that Dopex plans to split ARB tokens into dpxETH, incentives, and rewards for long-term holders. Currently, the protocol has used 300,000 ARB tokens for liquidity in option products; 6) PlutusDAO plans to use ARB in multiple ways, including for the team, bPLS rewards, plsARB airdrops, and providing deep liquidity for plsARB/ARB. In addition, Plutus stated that it will use 300,000 ARB to repurchase plsARB and distribute it to plsARB holders.

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7) DForce plans to use ARB for POL and will deposit all airdrops into its own lending pool; 8) Beefy Finance distributed 1.3 million tokens as a reward and exchanged 100,000 ARB for USDC; 9) BattleFly sold 280,000 ARB; 10) Multichain used 167,000 ARB as a reward; 11) Impermax sent 100,000 ARB to an EOA and conducted LP on the platform; 12) 3xcalibur airdropped 10,000 tokens to LP and the remaining portion will be used for rewards and bribes.

Reference: https://castle-chronicle.beehiiv.com/p/daos-arb-airdrop

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