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The Arbitrum Odyssey Guide: How to qualify for NFT rewards and airdrops.

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The Arbitrum Odyssey Guide: How to qualify for NFT rewards and airdrops.

Hey guys, I created this guide for my free Substack and I thought I'd share it with the Reddit Community. It's great opportunity to learn how to use Arbitrum and qualify for some free NFTs that will be likely be tied to the Arbitrum airdrop.

What is Arbitrum Odyssey?

Arbitrum is a fast-evolving Layer-2 (L2) protocol that has quickly onboarded a large sum of dApps and users. It has attracted major Dapps like Uniswap (UNI), Aave (AAVE), and Balancer (BNT) from the Ethereum mainnet. In addition, Binance, Kucoin, FTX, and Bybit have bridges directly to the network for easy accessibility. From what I hear, Arbitrum even has a blossoming non-fungible tokens (NFT) market. At the moment, Arbitrum lacks a token, but that may be about to change, and we want to prepare you for the eventuality.

https://preview.redd.it/gkbwk6awao791.png?1456&format=png&auto=webp&s=84c2403a00e74f17d3af5de30f2144a9e5a4b6cd

How to qualify for Arbitrum's potential airdrop and receive some NFTs in return.

Arbitrum has put together a program titled Arbitrum Odyssey to help onboard users to the network, rewarding them with NFTs and possibly qualifying them for a future airdrop. Arbitrum, through the program, rewards users for learning. The user will learn to bridge, conduct swaps, buy NFTs, and more. Airdrop plus NFTs?! Considering the bear market, it's one of the best opportunities in crypto!

The program consists of eight weeks of testing various protocols (one per week). After each successful week, users will be awarded an NFT. By the end of the program, each user could own up to 16 NFTs and qualify for an additional NFT if they collect at least 13.

The Arbitrum Odyssey Guide:

Week 1 - Bridging (~ 15-30 minutes)

All actions come at the user’s risk. Verify protocol links using CoinGecko. There are no guarantees Arbitrum Odyssey will qualify users for the airdrop. Official Arbitrum Odyssey Guide at Artbitrum's Twitter.

To reach Arbitrum:

First off, you’ll need some Ethereum (ETH).

  1. Purchase/Transfer ETH or AETH. First, purchase Ether (ETH) on any major exchange or use an Arbitrum fiat on-ramp. Then transfer the ETH to your browser wallet. I prefer to use Meta Mask, but there are many options.
  2. Bridge. If you already own ETH, utilize the bridges/fiat on-ramps to transfer ETH to the Arbitrum network before June 27th, 12:59 pm EST. Be aware that the return trip to the Ethereum network takes one week once ETH is bridged. But once you experience the faster speeds and nominal gas fees on Arbitrum, you may never want to return.
  3. Claim NFT. That’s it! Week one is complete.

At the end of the week, you can claim your NFT here. To receive an additional NFT, use the bridge protocol with the most ETH volume bridged into Arbitrum during the week. So far, it's Hop Protocol according to Footprint.network metrics.

Stay on the lookout for Week Two Guide next Friday!

- Gabri

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