Very recently Arbitrum held a massive airdrop for its users. As the event concluded many individuals ended up making huge profits as a result. Airdrops are a pretty common mechanism that platforms utilise to popularise their product and bring in more users. By rewarding users, they don’t just help them make an extra income but also help in increasing the growth of the platform.

However, if you did miss out on the recent Arbitrum airdrop, you don’t have much to worry about. Arbitrum Nova airdrop is on the cards. The likelihood of the Arbitrum Nove airdrop launch is very high and we suspect that it will be worth anywhere from thousand to ten thousand dollars. In this article, we will be covering this new project and how you can become eligible for the airdrop.

Also Read $ARB Airdrop: How to Know if You Are Eligible for the Arbitrum Token Airdrop?

What is Arbitrum Nova?

Arbitrum Nova Is a relatively new Layer 2 Scaling Solution that is focusing on Ethereum. As a layer to solution Nova is trying to amplify the speed power and working efficiency of the transfers that take place on the Ethereum blockchain that aims to increase the speed and efficiency of transactions of the ETH network.

They work with ultra-low transaction costs while not compromising on the security and privacy of the overall platform through the use of an efficient model of Data Availability Committee (DAC). Arbitrum Nova has made an efficient platform that helps users build Dapps that can support high transaction volumes. This helps in reducing transaction costs even more.

Nova works well and caters for a wide range of users including game developers, social projects and blockchain decentralized applications. The best part about the platform is that it has received backing from many renowned names in the web2 and web3 industries. In addition to being developed by the Offcahin Labs, the project is also powered by

  • Reddit
  • ConsenSys
  • PEP
  • QuickNode
  • Google Cloud

Arbitrum has played a very important role in the materialising of the Nova platform. It is built using the AnyTrust Technology created by Arbitrum which is known to share a codebase with Nitro. This is extremely beneficial in providing industry-leading speed, security, and interop with Ethereum.

Learn more about Arbitrum ($ARB) Price Prediction 2023, 2024, 2025, 2030

Arbitrum Nova Airdrop: How to be Eligible?

Very recently we were notified how Arbitrum One and Arbitrum Nova were now brought under decentralised governance & $ARB delegate & holders can govern both, which makes the chances of a $NOVA token slime. Since the airdrop hasn’t been officially confirmed, we don’t have a lot of information on what can be done to get the airdrop. However, following the given steps can bring you closer to the eligibility criteria.

Step 1: Interacting with the bridge

  1. Visit the official website of Arbitrum Nova through this link
  2. Click on “Bridge To Nova”
  3. On the top right corner select connect wallet and choose the wallet you would like to link with the bridge
  4. Once you have approved all the pop ups from your wallet, it will be connected to the platform.
  5. In the upper “from” section select the Mainnet as the network, and in the lower “to” section select the arbitrum nova option
  6. Then select the amount of ETH that you wish to bridge to $NOVA.
  7. Click on Move funds to Arbitrum Nova
  8. Approve all the pop ups and your funds would be bridged

Step 2: Explore Decentralized Apps Built On Arbitrum Nova

ArbSwap is a really effective and useful Native DEX deployed on Arbitrum Nova, which allows you to swap tokens, contributes to the liquidity pools and brings in some regularity in trading activities. To use this dApp follow the given instructions

  1. Visit the official website of Arbitrum Nova through this link
  2. Click on “Nova Portal”
  3. Scroll till you can see the dApp Arbswap and select it.
  4. On the top right corner select connect wallet and choose the wallet you would like to link with the bridge
  5. Once you have approved all the pop ups from your wallet, it will be connected to the platform.
  6. Click on Swap
  7. Select the desired tokens in From and to sections. You can choose between ETH, ARB, DAI, USDC, USDT, WETH, and wstETH.
  8. Confirm the slippage tolerance and other details of the transaction as well
  9. Click on swap and approve the transaction
  10. Select the liquidity option in the top pane of the webpage
  11. Check the pools you have joined and click on add liquidity
  12. Approve the transaction and your liquidity will be added

Step 3: Trade Arbitrum Nova NFTs

If we analyse the airdrop criteria that Arbitrum’sprevious airdrop has laid out, it can be accurately assumed that having Some NFT Related Interactions You Can Trade Arbitrum Nova NFTs On many Marketplaces like tofuNFT, Trove, Babylons and OpenSea. The link to each o these marketplaces is given below.

  1. Babylons: https://babylons.io
  2. Trove: https://trove.treasure.lol
  3. tofuNFT: https://tofunft.com/arbi
  4. OpenSea: https://opensea.io/

Potential Arbitrum Airdrop Reward amount

We expect the Arbitrum Nova airdrop amount to be in the range of 1000 to 10000USD.

To Conclude

Arbitrum Nova Airdrop is not confirmed yet, however there are high chances Arbitrum could launch a separate token for Nova, and if they do, you should be eligible for Nova airdrop. Follow the guide, as we will keep it updated.

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