Arbitrum Mainnet Beta is now live! While details about token distribution have not been announced yet, this tutorial will help you understand the Layer 2 protocol and learn how to use it before the TGE. This may make you eligible for a potential future Airdrop, although it is considered a high-probability speculative Airdrop. Arbitrum is a technology suite aimed at scaling Ethereum, offering the ability to perform all Ethereum functions through Web3 Arbitrum ÐApps at a lower cost and faster speed. The flagship product, Arbitrum Optimistic rollup protocol, provides Ethereum-level security. Arbitrum Nova, an EVM-compatible chain utilizing Arbitrum AnyTrust technology, is optimized for low-cost transactions with high security, ideal for gaming projects, social networks, and applications with high throughput. Trusted organizations such as Offchain Labs, Reddit, Google Cloud, Consensys, and FTX back Nova. The Nitro update has increased throughput and lowered fees, paving the way for the next generation rollup architecture, marking a significant advancement for Ethereum's Layer 2.
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About Arbitrum Mainnet Beta
The Mainnet Beta for Arbitrum is now live, but details on token distribution are still pending. This tutorial will help you understand and get acquainted with the Layer 2 protocol, providing a guide on how to use it and its potential purposes. This knowledge may make you eligible for a future Airdrop before the TGE. Keep in mind that this Airdrop is speculative, but utilizing Arbitrum ÐApps can result in more cost-effective and quicker transactions. The Optimistic rollup protocol, the flagship product, offers Ethereum-level security. Nova, a chain compatible with EVM and optimized for low-cost transactions, is ideal for gaming projects, social layers, and applications requiring high throughput with minimal transaction costs. The recently completed Nitro update has increased throughput and reduced fees, marking a significant advancement in the next-generation rollup architecture for Ethereum.
Step-by-step guide
Firstly, Go to Chainlist.org, and connect your Metamask wallet to add the Arbitrum One network. Use the Arbitrum Bridge to transfer some $ETH from Mainnet to Arbitrum One. Claim the Arbitrum Odyssey NFT for Free if you have participated in the first week of Arbitrum Odyssey, or grab yours on OpenSea. You will need Arbitrum ETH you already bridged over + gas fee. Connect your Metamask to the Arbitrum Adventure page & Verify the tasks. You will need to connect your Twitter from your Profile. Complete the Planet Swap: GMX & TreasureDAO Bounty tasks (Add $fsGLP & $MAGIC to your Metamask). Join Arbitrum on Discord & Twitter + Verify Discord and Twitter on Arbitrum Guild + Verify your Metamask on #Join our guild and get the roles you wish to get access to. Extra Optional Steps: Swap assets on Uniswap and/or SushiSwap using the Arbitrum One network. Gas fees are much lower than on the ETH mainnet. You can also try using the HopProtocol Bridge or/and Trade on GMX and/or interact with any other Arbitrum ÐApps if you wish.
Disclaimer: This content is for educational and informational purposes only and does not constitute financial advice. Conduct thorough research before making any deposit/investment decisions (DYOR).
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