Airdrop Details

Information Details
Airdrop Type ERC-20 Token ($ARENA)
Total Airdrop Amount 2.56 billion $ARENA (initially allocated for distribution)
Number of Eligible Users Over 100,000 users
Number of Claimants Not Known
Conversion Rate 69 $ARENA per airdrop point earned

Timeline

Event Date
Blockchain Snapshot Not Known
Claiming Started October 29, 2024
Initial Token Deployment March 15, 2025, at 7:30 PM EST
Claiming Ends 12 months after the initial claim

Token Distribution

Distribution Amount
Maximum Not Known
Median/Average 69 $ARENA per airdrop point earned
Minimum Not Known
Initial Claim 15% of allocated tokens at launch
Vesting Period 85% of tokens released monthly over 12 months

Eligibility Criteria

  • X (Twitter) Account Login: Users must log in to The Arena platform via their X (Twitter) account.
  • Profile Completion: A profile bio and picture must be added.
  • Avalanche Wallet Connection: Users must connect an AVAX-compatible wallet with AVAX tokens for gas fees.
  • Activity-Based Engagement: Points are earned through engagement, including liking, commenting, creating content, tipping, trading, and referral activity.
  • Referral System: Additional points are granted for successful referrals.
  • Weekly Distribution: Points are typically distributed every Monday at 2:00 PM EST.
  • Claiming Process:
    • Users receive an initial 15% of allocated tokens at launch.
    • The remaining 85% is distributed monthly over 12 months.
    • Continued activity is required for future claims—inactive users may forfeit remaining tokens.
  • Staking Option: Users can stake claimed $ARENA for additional rewards (e.g., governance voting power, premium features).
  • March Madness Incentive:
    • Bonus points were distributed for high buying volume, portfolio value, and referral activity in March 2025.
    • Up to 10 million bonus points were allocated during this program.
  • Unclaimed Tokens: Any tokens not claimed within 12 months will be reallocated to a “Future Incentives and Growth” pool.

Additional Information

  • Total Supply: 10 billion $ARENA tokens.
  • Governance Role: $ARENA is used for governance (1 token = 1 vote).
  • Future Airdrops: Additional airdrops like $ERROR may be introduced for active users.
  • Ongoing Token Distribution: After the initial airdrop, $ARENA will continue to be distributed based on platform activity.
  • Governance Voting: The first governance vote will determine whether The Arena moves to its own subnet or remains on Avalanche’s C-Chain.
  • Potential Migration: If The Arena moves to its own subnet, $ARENA may gain additional utility as a native gas token.
  • Transferability: Claimed tokens can be freely traded or used within the platform. However, only tokens earned through airdrop points or future programs count toward governance votes.
  • Security Warning: Users should only interact with the official contract address to avoid scams.